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What is a Payroll Budget Assumption Input Form?

Payroll budget assumption templates are considered drivers for headcount and payroll planning, and are used by HR and budget managers to drive salary, tax and benefit calculations. Some key functionality in this type of annual budget template enables automated calculations of many items in a detailed employee budget. It also allows for quick changes of assumptions that result in new payroll expenses and scenarios. You will find an example of this type of annual budget template below.

Purpose of Payroll Budget Assumptions

Companies and organizations use Payroll Budget Assumptions to enable quick changes in the employee budget and to support multiple planning scenarios. When used as part of good business practices in a Financial Planning & Analysis (FP&A) and HR Department, a company can improve its expense control, budget accuracy and hiring plans, as well as, reduce manual input calculation mistakes often found in personnel budgets.

Payroll Budget Assumption Example

Here is an example of an assumption form where the user enters figures that drives the annual employee expense budget.

Payroll Budget Assumption Input Form Example

Payroll Budget Assumption Input Form Example

You can find hundreds of additional examples here.

Who Uses This Type of Annual budget Template?

The typical users of this type of annual budget template are: Human Resources (HR) and budget managers.

Other Annual Budget Templates Often Used in Conjunction with Payroll Budget Assumptions

Progressive Financial Planning & Analysis (FP&A) and HR Departments sometimes use several different Payroll Budget Assumptions, along with detailed payroll forms, as well as, other annual budget templates and management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyses where budgets or forecasts are used, the data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Technology Solutions and More Examples