Annual Operating Plan - Actual vs Budget Template (Excel XLSX)

The main purpose of the template is to enable user to prepare an operating budget to project company's performance and compare it with actual figures.
The structure is user friendly and practical and is suitable for any type of business.
The template includes major input data for calculations, P&L and Cash Flow Budget and Actual Reports and a Variance Analysis.

Template Instructions

Sales Data
Update the Sales Breakdown section with the required data – Sales Volume, Price per Unit, Cost per Unit and Sales Growth percentage (%)
The template calculates revenue based on 5 Products. You may add more products, but remember to update the upper part of the sheet accordingly.

Payroll
Fill in the Monthly Salary for each employee in the Salary Section
Fill in the Payroll Taxes Rates (%) in the Taxes Section. If a tax rate is not applicable in your country, enter zero in the cell
The Bonus section is based on 2 Scenarios. Select the Bonus Scheme from the drop-down list and update data in the input cells.

Operating Expenses
The template includes major categories of Operating Expenses that in most cases are suitable for any business
You can change a category based on your company's requirements
User needs to fill in all the input cells

PPE & Debt Schedules
Update Capex purchases and depreciation rate in the Depreciation Schedule Section
Update Long-Term and Short-Term Loan Data in the Debt Schedule Section
In case a type of Debt is not applicable in your company, enter zero in the "Loan Amount" cells (D21, D32)

P&L Budget – Actual
The P&L Budget Tab is automatically calculated based on the input data. User only needs to update the Income Tax percentage (cell D40)
The P&L Actual Tab is a representation of company's actual figures. User needs to complete the input cells for all months that have actual data.

Cash Flow Budget – Actual
The Cash Flow Budget Tab is calculated based on the assumptions of AR and AP Days.
User needs to update the percentages in the Assumptions Table and fill in the input cells in the Financing Cash Flow Section
The Cash Flow Actual Tab is a representation of company's actual figures. User needs to complete the input cells for all months that have actual data.

Variance Analysis
This tab produces a representation of the differences between actual and budgeted figures and the impact each category has on company's overall operating result.
The Waterfall Chart in the Charts Section illustrates company's variances based on a monthly or Year-to-Date user selection