how do i set up FTE budget to actual reporting when i have FTE set up as statistical accounts

AI generated answer (using internal Slack threads):

To set up FTE budget to actual reporting when you have FTE set up as statistical accounts, you can follow these steps: 1. Create Statistical Accounts: If you haven't already, create statistical accounts for your FTEs. These accounts will be used to track the quantities for budgeting and reporting. 2. Input Budget Figures: Input your budget figures for the FTEs into these statistical accounts. This will allow you to compare your actuals against your budgeted figures. 3. Create Budget vs Actual Reports: Create reports that pull through both budget and actuals for the statistical accounts. You can use formulas to get ratios such as budget per unit, spend per unit, and the variance. 4. Use Allocations: If you're using allocations, you can set up your statistical accounts for allocations as well. This can be done at the parent-department level instead of the child departments. 5. Extract and Analyze Data: If necessary, you can extract the financials to Excel and analyze them there. This can be useful if you want to do more complex analysis or if you want to combine your budget vs actual data with other data. Remember, any changes to your historical transactions can be risky, so it's recommended to book Journal Entries to move out of your class to a no class and into the new custom segment instead of trying to update historical transactions for anything that isn't in progress still (i.e. Pending Sales Orders or Purchase Orders). ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******