SAGE Budget recognizes the approved benefit rates for the current fiscal year and the preliminary rates for the next fiscal year when they are available.
When creating your budget, you can choose to use
- only current rates
- preliminary rates when available and current rates otherwise.
The system will use the appropriate rate based on the starting date of each period.
Once the preliminary rates are officially approved and available, you can easily update the benefit rates in your budget.
Review the Data & Calculations section of the Budget Settings user guide article.