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Actual vs Budget

The Actual vs Budget Dashboard provides a comparative analysis of actual financial performance against budgeted targets. It helps businesses assess financial variances, track revenue and expenses, and adjust financial strategies accordingly.

Key Metrics:​

  • Budgeted vs Actual Amounts: Displays budgeted and actual revenue figures.
  • Net Income: Shows financial performance, highlighting profit or loss.
  • Top 10 Variance Categories: Identifies significant deviations between actual and budgeted values.
  • GL Account Breakdown: Provides details on revenue, expenses, and other key financial elements.

Visual Components:​

  • Variance Bar Chart: Highlights the top financial discrepancies between actual and budgeted values.
  • Actual vs Last Year Trend: A combination of a bar and line chart to analyze financial performance over time.
  • GL Account Table: A detailed table displaying budgeted vs. actual values for different revenue and expense categories.

Benefits:​

  • Improved Financial Planning: Helps businesses align financial expectations with actual performance.
  • Variance Analysis: Identifies underperforming areas that need corrective action.
  • Strategic Decision-Making: Provides insights into revenue streams and expenditure for better resource allocation.
  • Performance Monitoring: Enables companies to track financial stability and profitability.

Filtering​

You can filter the dashboards using these filtering panels:

  • Company
  • Fiscal Year
  • Fiscal Period
  • GL Account
  • Segment 2