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Frequently Asked Questions

What is EIFP and How Do I Forecast It?

What it is:

The Endowment Income Funds Pool (EIFP) holds prior year accumulated fund balances from income generated by pure (from donors, not funds functioning as endowment) endowments. Current year payout is excluded from the EIFP payout calculation.  EIFP income posts on object code 45605 (45610 prior to FY21), which rolls up under Investment Income, not Endowment Income.  Therefore, EIFP is not forecast in the Tidemark Endowment Planning process. 

Why don’t I see my new Endowed Awards in the Endowment Planning application?

The Tidemark Endowment Planning application only includes awards that own shares in the university’s Merged Pool and endowed Pool PTAs.  Furthermore, the Endowment Planning application is only updated monthly, on or about the 15th, with data from the prior month.  As a result, there may be a delay in seeing very new endowed awards that have been set up in Oracle, either because they do not yet own Merged Pool shares or because the monthly Tidemark update has not yet happened.  

Where can I find year-end variance reports?

Tidemark Variance reports are included in Tidemark 03. Reporting process. There are five reports we suggest to analyze year-end variances and a few additional reports useful for longer trends and detailed analysis, see Variance Reporting Job Aid. Full descriptions of the reports can be found in the Variance Reporting Guide.
•204 – Variance by Object Code
•205 – Variance by Award Type and Object Code

Why does it look like historical numbers are off on the 231 “Five Year History, with Variances” report?

This report, and a few others, use YTD (year-to-date) time members for selection, where a selection represents the time period starting at the beginning of the financial year (Sep) through the month designated.   So, “2019 May YTD” represents the period spanning Sep 2018 through May 2019.

Why isn’t the Dropzone tool working well for me and why are the Dropzone links removed from many reports?

The Dropzone tool is a utility which was created by UBO in 2017 to mitigate some of Tidemark’s shortcomings in exported grids, especially the loss of indentation and number formatting.  Since then, Tidemark has made enhancements to exported grids by offering the “Export with Formats” option, which preserves most formatting.   As a result, the tool is no longer necessary except for certain reports such as the Appendix A report in the Budget Plan process.   Also, because of the recent redesign of many reports, especially in the “03.

What is a Transfer Source and Destination?

The Transfer “Source” is the PA that is providing funding (where the funds come from). The Transfer “Destination” is the PTA receiving funding (where the funds go to).

In the 02.Booked Budget: Setup and Fund Management process, on the Funding the Budget Matrix panel, the sources are listed as rows while the destinations are columns.

Transfers can be entered into your booked budget 3 different ways:

Can I upload my budget to Tidemark?

It is possible for the UBO to upload your data to Tidemark.  The upload process is managed via the budget officer so that uploads can be consolidated in the templates for a more efficient process.  Please contact your budget officer to find out if they are allowing your school or department to submit upload files.  If so, read this article (insert link to KA) for detailed instructions on how to format and validate your data prior to upload submission.

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