Budget Variance report

The Budget Variance report shows you how expenses compare to budgets for the segments in the budget definition.

The Budget Variance Report is the main report you need for managing budgets. It gives you an overview of your budget estimates versus actuals. The estimated budget data is taken from the Final Budgets [itfm_budget] table, not from forecasts. The actual expense values are taken from the General Ledger Staged Data [itfm_gl_data_staged] table.

Figure 1. An example Budget Variance report
An example Budget Variance report

The budget variance data is grouped by Operating and Capital expenses, starting with the Helsinki release.