Concept: Plan Structures in AP&C

Plan Types

In Adaptive Planning & Consolidation (AP&C), you must use the Financial plan type as the basis for financial plans and when creating parent-child plan hierarchies. You can use financial plans to control spend during spend and staffing transactions.

Schedule and Plan Entry By

In Adaptive Planning and Consolidation, Workday uses your

Plan Entry By

selection to create each time period that you define a plan or budget for.

Plan Entry by	Description
Period	Base the periods on the periods of the fiscal schedule.
Summary Schedule	Base the periods on a summarized group of fiscal periods, such as quarterly or half yearly.
Duration	For financial plans, a single period that spans the entire time frame of the plan or budget.

For financial plans, Workday uses your fiscal schedule together with your

Plan Entry by

selection and time frame to create periods and duration. Your

Schedule

selection must match the fiscal schedule for:

The companies you plan by, as set on the

Edit Company Accounting Details

task.

The company hierarchies you plan by, as set on the

Edit Consolidation Details

task.

Structured Dimensions

Structured dimensions in Adaptive Planning and Consolidation determine whether transactions are subject to budget. If a transaction has worktags that match the structured dimension criteria, the transaction is subject to that budget.

For company hierarchies, you can only select company hierarchies with subordinate companies that use the same:

Account set.

Currency.

Fiscal schedule.

Fringe

Consider disabling fringe in Adaptive Planning and Consolidation when:

Workday doesn't include fringe benefits on your commitments, obligations, or actuals.

You don't budget for fringe.