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PBCS User Guide

User Guide for Oracle Planning and Budgeting Cloud System (PBCS)

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RCM at Penn

Penn has utilized the Responsibility Center Management (RCM) model since 1974. Under this model, all Schools and Responsibility Centers are responsible for managing their direct revenue and expense.

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Budget Checklist

A detailed checklist covering materials to be submitted by Schools and Centers as well as budget checks necessary prior to submission

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Updates
September 30, 2020

FY20 Forecaster Award Recipients Announced!

August 6, 2020

Planning Reopened for Entries

Data forms are now open for updating the Working FY21 Forecast and Working FY22 – FY26 Budgets.  Similar to timing used in prior years, the pre-populated AIF income lines will be updated and reloaded near the end of August. Click to open Planning application

July 21, 2020

FY21 Fiscal Year Advance in Planning

FY20 will come to a close for schools and centers the night of Tuesday, July 21st, so on Wednesday (after the warehouse loads are finished), we’ll be taking steps to advance the fiscal years in Planning and populate beginning balances for FY21.  It will take some time to run the necessary data extracts, plus transfer […]

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BUDGET CALENDAR FISCAL YEAR 2021
Planning Released for Data Entry

Early August

AIF Income Lines Pre-Populated

Late August

FY2022 Budget Call & Preliminary Planning Parameters

Early October

FY2021 1st Quarter Forecasts Due

Thursday, October 15, 2020

Updated Multi-Year Budgets Due (FY2022 – 2026)

Friday, October 30, 2020

Fall Budget Review Meetings (Schools)

Nov – Dec

Trustees Review Planning Parameters

Thursday, December 10, 2020

FY2021 2nd Quarter Forecasts Due

Friday, January 15, 2021

Centers Updated Multi-Year Budgets Due (FY2022 – 2026)

Friday, January 22, 2021

Schools Updated Multi-Year Budgets Due (FY2022 – 2026)

Friday, January 29, 2021*

Winter Budget Review Meetings (Centers)

Feb – Mar

Trustee Vote on FY2022 Tuition Resolution

Friday, February 26, 2021

FY2022 Guarantee Letters & Final Planning Parameters

Late March

FY2021 3rd Quarter Forecasts Due

Thursday, April 15, 2021

Centers Final FY2022 Submissions & Narratives Due

Friday, April 23, 2021

Schools Final FY2022 Submissions & Narratives Due

Friday, April 30, 2021

FY2022 Budgets Sent to Ledger

Friday, June 4, 2021

Approval of FY2022 Budget by the Trustees

Friday, June 11, 2021

* Only required if budget parameters change or if requested by the Provost at fall meeting.