Budget Report - Monthly

The Monthly Budget Report option compares actual revenue and expense accounts to the budgeted amounts defined for a given accounting period. It compares the current year-to-date and annual budget year-to-date amounts, and the current period with the budgeted current period amounts. A variance column represents the current year-to-date figures relative to the annual budget figures. Values are expressed in both dollars and percentages.

The system allows you to print income statementThe income statement is one of the principal financial statements of your company. It shows the profitability of a company for a specified accounting period in terms of revenue and expenses. reports in a standard Net•Yield format (NET YIELD), or produce your own custom formats.

Monthly Budget Report Fields

Cost Center Select the cost center(s) you would like to view in the monthly budget report. Period Enter the accounting period you would like to view in the monthly budget report.   Collapse by Cost Centers Select Y (Y=yes), to have the cost center column of the monthly budget report appear blank and have cost centers totaled for each account listed on the monthly budget report. If the field is set to N (N=no), all cost centers will print in detail. Sum by Cost Centers Select Y (Y=yes) to have the monthly budget report show a summary by cost centerCost centers are sub accounts used to identify a segment(s) of the business which require separate financial reports.. You may only set this field to yes if you have previously defined custom formats. Income Statement Format Select Net•Yield standard format or previously defined custom income statement formats. Report Format Choose a report format from the "Select An Option" window: NET YIELD FORMAT or Format 1.

Security Required : Ledger - Ledger Reports