MR.44: Actuals vs. Budgets

Note that you can click the button (or press F5) to invoke field help at any time from within the job panel itself.

Business Benefits

The most obvious reason for maintaining Budgets is to be able to compare them with the actual figures as they become available. Based on the comparison, you are in a good position to take corrective action where there is a significant variance. This program provides you with both figures and the corresponding variance for your analysis.

Note: For related documentation and workflows, see MR - Management Reporting.

Usage

Use this job to print a list of Budgets compared to actual Sales, in Client or Group sequence.

The listing may show Revenue detail by Client, or just Client totals.

Preconditions

Budget figures must have been set up in program

MR.40 [Enter Current Year Budgets] and/or MR.42 [Enter Next Year's Budgets].

Program

OR.30 [Monthly Sales - Transfer]

must be run in order to update the sales figures for the last closed Period.

Subsequent Actions

Based on the variances in the report, you may taken whatever subsequent action if appropriate to remedy the situation (eg. revise the Budget or determine why the actuals are so far off the projection).

Program Fields and Functions

To review a text version of the field help, click here. Click the button (or press F5) to invoke field help at any time from within the job panel itself.