You can view the Budget Variance report from sources such as Trial Balance, Group Summary, and monthly summary. The Budget Variance button (Alt+B) is active, if the Budgets feature is enabled and at least one budget created. Budget Variance displays Budgets, Actuals with percentage and Variance from the budget with percentage.
Budget Variance can be accessed from:
Gateway of Tally > Display > Trial Balance to open the Trial Balance screen.
Gateway of Tally > Display > Account Books > Group Summary and select a group from List of Groups to open the Group Summary screen.
Click on Budget
Variance (Alt+B) from the toolbar to open the Budget
Analysis screen.
Select an option from the List of Budgets for Budgets/Scenario. The Trial Balance screen displays Budget, Actuals and Budget Variance columns.
Note : Use the Column functionality to add/ remove columns for Multi-period or Multi-budget Comparative Variance report.
Corporate Budget Column displays the values of the Budget, which is defined.
Actuals Column displays the value of Actual Expenditure incurred.
Corporate Budget Variance displays the values of the Variance of the Actuals and Budgets. That is, Budgets – Actuals = Variance .
Note: A negative value in the Budget Variance column indicates that the actual expenditure value has exceeded the Budgeted values.
'Viewing Budget Variance' has been shared with
