R12 FSG Report - Budget Setups

Question

Our requirement is to create a monthly and a quarterly fsg report for each cost center which will give the actual,budget, variance & variance as columns and all the budgeted accounts as rows.
Right now in our current budget setup,
We have only one yearly budget, and only one organization which covers all the budgeted accounts (all the code combinations)
Is it possible to create the required fsg report with this kind of budget setup so I can get the report for each cost center? Or we need to do some changes to the setups as well? please advise?
Also in the fsg report, is it possible to tie up the range of these accounts (WAGES,401(K),INSURANCE) together as SALARIES AND WAGES account so that they can collapsed & expanded like in EXCEL. For e.g:
               Cost Center XYZ - June. 2010     
     ACTUAL     BUDGET     VARIANCE     VARIANCE %
SALARIES AND WAGES     50,000      35,000.00      (15,000.00)     -4.7%
WAGES     20,000      15,000.00      (5,000.00)     -7.7%
401(K)      15,000      10,000.00      (5,000.00)      9.8%
INSURANC 15,000      10,000.00      (5,000.00)     18.2%

Answer 1

Any advise?