Budget Report
This report shows the current values in your sales, purchases, direct expenses and overhead account codes for both the month you specify and the year-to-date.
The monthly budget values that you entered on the nominal ledger record of each account are also shown, and the actual and budget values are compared to show the amount of difference (variance) between the two.
In addition, each category heading is also calculated as a percentage of the total sales figure, as a ratio. For example, a sales heading shows its percentage contribution to total sales, thereby showing how an expense is calculated as a percentage of sales.
Related Topics
To Print an Audit Trail Report
To Run the Balance Sheet Report
To Run the Profit and Loss Report