Want FREE Templates on Digital Transformation? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.

Budget vs. Actual: Variance by Line Item (Includes Cash Flow)   Excel template (XLSX)
$45.00

Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel template (XLSX)) Preview Image Log in to unlock full preview.
Arrow   Unlock all 12 preview images:   Login Register

Budget vs. Actual: Variance by Line Item (Includes Cash Flow) (Excel XLSX)

File Type: Excel template (XLSX)

$45.00
This Accounting tool was crafted by an Accountant and Financial Modeler with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  


BUY WITH CONFIDENCE

Immediate digital download upon purchase.
Lifetime document updates included with purchase.
Fully editable & customizable XLSX document.
Trusted by over 10,000+ organizations.

DESCRIPTION

This product (Budget vs. Actual: Variance by Line Item [Includes Cash Flow]) is an Excel template (XLSX), which you can download immediately upon purchase.

You'd be surprised at how many small businesses fail to budget or budget incorrectly. You'd also be surprised at how much easier it is to make financial decisions about your business if you had a budget. This is a core practice of top business managers.

By using this template, you can shed some light on various aspects of your cash flow needs, potential cost or waste improvements, and not feel like you are flying blind when thinking about where your business has been, where it is going, and what decisions need to be made to achieve your business goals.

Granular is better in this case and based on some simple data entry, this template will highlight when you are over/under a given line item by month as well as show target goals with simple visualizations and conditional formatting. Start tracking, and stop guessing in order to optimize your profits and grow sustainably with better financial insight. It seems simple and not worthwhile, but after you begin, the benefits will emerge.

This budgeting template comes in two forms. Excel and Google Sheets. The Google Sheets version is a 12-month budget that has a few advanced analysis features, more expense slots, and conditional formatting.

The Excel version goes for 36 months, but has less analysis features.

In general, the way both work is an entry of up to 3 budgeted revenue streams and expenses per month. A mirror of that is also built for actuals. A final tab shows the variance percentage of every single line item by month and in total.

If an expense item is over budget, the cell will display as red and if a revenue item is under budget, the cell will be red. For the reverse, they will be green (lower expense than budget / higher revenue than budget).

The template was designed for simple use and is straightforward without any macros or complex formulas.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Budgeting & Forecasting Excel: Budget vs. Actual: Variance by Line Item (Includes Cash Flow) Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping


$45.00
This Accounting tool was crafted by an Accountant and Financial Modeler with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  

OVERVIEW

File Type: Excel xlsx (XLSX)
File Size: 145.8 KB

ABOUT THE AUTHOR

Additional documents from author: 160

I graduated in 2011 with a Bachelors degree in Accounting. From there, I worked at a few small businesses doing financial reporting and some bookkeeping. After a few years of that, I started doing freelance financial consulting work on Elance and Upwork.

After over 400 jobs completed with a 100% success rate, I now run my own modeling/consulting practice and continue to build new financial models every few weeks. [read more]

Ask the Author a Question

Must be logged in

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Bundle and save! You can save up to % with bundles!

View bundle(s)




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials




Save with Bundles

This document is available as part of the following discounted bundle(s):

Save %!
Accounting Trackers - Tools for Accountants

This bundle contains 20 total documents. See all the documents to the right.

$249.00


Add Bundle & Save



Customers Also Like These Documents

Related Management Topics


Budgeting & Forecasting Scenario Planning Disruption Management Accounting SaaS Cash Flow Management

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.