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An SPW is essentially a worksheet beside—or in addition to—the main budget worksheet for a given organization, created to handle specific, special-purpose budgeting tasks (for example, event budgeting, conference cost allocation, multi-department cost distribution).Its purpose is to capture the detail behind budget line items, record assumptions or drivers, and then post the results (via the SPW) into the main budget worksheets.
There are 2 Types:
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1. Global SPW (GSPW) – applies across multiple worksheets and can allocate amounts across departments/lines.
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2. Worksheet-specific SPW (WSPW) – tied to a single worksheet.
*There are also SPW Templates that admin users can use to “push” WSPWs into worksheets for consistency.