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Example of an Income Statement Report for bank branches

What is a Income Statement Report for Bank Branches?

Branch-level Income Statements are considered essential month-end reports and are used by corporate executives and branch managers to track revenues, expenses and profitability. Some of the main functionality in this type of report is that it enables the user to run them for any month and any bank branch, including at the consolidated level. The columns compare the current month to the same period last year as well as to the budget, and it calculates the variances. You find an example of this type of report below.

Purpose of Branch-level Income Statements

Banks use Branch-level Income Statements to enable self-service analysis of the monthly performance of each branch, including monitoring of variances from plan and prior year. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, a bank can improve its strategic decisions and profitability, and it can reduce the chances that managers don’t quickly discover major variances and the reasons behind them.

Example of a Branch-level Income Statement

Here is an example of a Branch-level Income Statement Report with prior year and budget variances.

Example of an Income Statement Report for bank branches

Example of an Income Statement Report for bank branches

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, branch managers, finance leader.

Other Reports Often Used in Conjunction with Branch-level Income Statements

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Branch-level Income Statements, along with consolidated income statements, balance sheets, cash flow statements, KPI reports, executive dashboards, budget models and forecasts and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Trended Income Statement for Banks

What is a Trended Income Statement for Banks?

Trended Income Statements are considered core financial reports and are used by executives and branch managers to track monthly trends in revenues, expenses and profitability. Some of the main functionality in this type of report is that it dynamically expands months across the columns based on the period you run the report for. The rows in the reports are collapsed to provide an easily readable summary. Users click on the ‘+’ sign on the rows to expand and see account detail. You find an example of this type of report below.

Purpose of Trended Income Statements

Banks use Trended Income Statements to give executives both detailed and summarized views of revenues, expenses, margins and totals for each month up to the current period. When used as part of good business practices in Executive- and Financial Planning & Analysis (FP&A) departments, a bank can improve its strategies and profitability, and it can reduce the chances that leaders make poor decisions because they don’t see if a figure is a trend or an outlier.

Example of a Trended Income Statement

Here is an example of Trended Income Statement with dynamic listing of year-to-date months and rows that can expand/collapse to simplify analysis.

Example of a Trended Income Statement for Banks

Example of a Trended Income Statement for Banks

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, Regional Managers, Branch Managers.

Other Reports Often Used in Conjunction with Trended Income Statements

Progressive Executive- and Financial Planning & Analysis (FP&A) departments sometimes use several different Trended Income Statements, along with income statement variance reports, balance sheets, cash flow statements, financial dashboards, budget models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of an Income Statement Report for credit union branches

What is an Income Statement Report for Credit Union Branches?

Branch-level Income Statements are considered essential month-end reports and are used by corporate executives and branch managers to track revenues, expenses and profitability. Some of the main functionality in this type of report is that it enables the user to run it for any month and any credit union branch, including at the consolidated level. The columns compare the current month to the same period last year as well as to the budget, and it calculates the variances. You find an example of this type of report below.

Purpose of Branch-level Income Statements

Credit Unions use Branch-level Income Statements to enable self-service analysis of the monthly performance of each branch, including monitoring of variances from plan and prior year. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, a company can improve its strategic decisions and profitability, and it can reduce the chances that managers don’t quickly discover major variances and the reasons behind them.

Example of a Branch-level Income Statement

Here is an example of a Branch-level Income Statement Report with prior year and budget variances.

Example of an Income Statement Report for credit union branches

Example of an Income Statement Report for credit union branches

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, branch managers, finance leaders.

Other Reports Often Used in Conjunction with Branch-level Income Statements

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Branch-level Income Statements, along with consolidated income statements, balance sheets, cash flow statements, KPI reports, executive dashboards, budget models, forecasts and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Trended Income Statement for Credit Unions

What is a Trended Income Statement?

Trended Income Statements are considered core financial reports and are used by executives and branch managers to track monthly trends for revenues, expenses and profitability. Some of the main functionality in this type of report is that it dynamically expands months across the columns based on the period you run the report for. The rows in the reports are collapsed to provide an easily readable summary. Users click on the ‘+’ sign on the rows to expand and see account detail. You find an example of this type of report below.

Purpose of Trended Income Statements

Credit Unions use Trended Income Statements to give executives both detailed and summarized views of revenues, expenses, margins and totals for each month up to the current period. When used as part of good business practices in Executive- and Financial Planning & Analysis (FP&A) departments, a company can improve its strategies and profitability, and it can reduce the chances that leaders make poor decisions because they don’t see if a figure is a trend or an outlier.

Example of a Trended Income Statement

Here is an example of a Trended Income Statement with dynamic listing of year-to-date months and rows that can expand/collapse to simplify analysis as well as actual to budget comparisons.

Example of a Trended Income Statement for Credit Unions

Example of a Trended Income Statement for Credit Unions

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, Regional Managers, Branch Managers.

Other Reports Often Used in Conjunction with Trended Income Statements

Progressive Executive- and Financial Planning & Analysis (FP&A) departments sometimes use several different trended financial statements, along with income statement variance reports, balance sheets, cash flow statements, financial dashboards, budget models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Profit & Loss Variance Report for Pharmaceutical Companies

What is a Profit & Loss Variance Report?

Profit & Loss (P&L) Reports are considered monthly financial reporting tools and are used by CFOs and Executives to get a clear picture of profitability and variances. Some of the main functionality in this type of report is that it is parameter driven and combines a classic P&L layout with charts that highlight the KPIs in the report. The top of the report shows graphics with actual versus budget comparisons for Revenues, Profit, Profit Margin and Revenue per Employee. The columns on the left side of the report display Actual, Actual Last Year, Budget and Variances for the current month. The columns on the right side include: Year-to-date (YTD) actuals, YTD actuals for the prior year and variance. The traffic lights in the variance columns drives attention to major variances. You find an example of this type of report below.

Purpose of Profit & Loss Variance Reports

Pharmaceutical companies use Profit & Loss Variance Reports to provide leaders with a modern and easy-to-read format that makes it easy to capture key elements of the financial statement. When used as part of good business practices in finance and accounting departments, a company can improve its profitability with smarter and quicker revenue and cost decisions, and it can reduce the chances that managers miss important details in financial metrics.

Example of a Profit & Loss Variance Report

Here is an example of a Profit & Loss Report with charts, traffic light indicators and a modern layout.

Example of a Profit & Loss Variance Report for Pharmaceutical Companies

Example of a Profit & Loss Variance Report for Pharmaceutical Companies

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: CEOs, COOs, CFO’s, board members, financial analysts.

Other Reports Often Used in Conjunction with Profit & Loss Variance Reports

Progressive FP&A departments sometimes use several different Profit & Loss Variance Reports, along with balance sheets, cash flow statements, financial dashboards, budget models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Profit & Loss Variance Report for Media Companies

What is a Profit & Loss Variance Report for Media Companies?

Profit & Loss Variance Reports are considered monthly analysis tools and are used by executives and financial leaders to review profit margins and variances. Some of the main functionality in this type of report is that it is combines charts and a typical P&L layout with dynamic rows that automatically includes new general ledger (GL) accounts. The charts highlight KPIs for Revenues, Profit, Profit Margin, and Revenue per Employee. The detailed figures include: Actuals for the month, Actuals for the same month last year, Variance, Variance in percent, Budget for the current month with variances, Actual year-to-date (YTD) current year, and Actual year-to-date (YTD) prior year with variances. You find an example of this type of report below.

Purpose of Profit & Loss Variance Reports

Media companies use Profit & Loss Variance Reports to give managers a clear financial picture of the business and in an easily readable format. When used as part of good business practices in Executive and Financial Planning & Analysis (FP&A) departments, a company can improve its decision-making and grow related revenues, and it can reduce the chances that managers miss the “story” behind the numbers.

Example of a Profit & Loss Variance Report

Here is an example of a Profit & Loss Report with charts, traffic light indicators and a modern layout.

Example of a Profit & Loss Variance Report for Media Companies

Example of a Profit & Loss Variance Report for Media Companies

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Board Members, CEOs and other executives, Financial Managers.

Other Reports Often Used in Conjunction with Profit & Loss Reports

Progressive Executive and Financial Planning & Analysis (FP&A) departments sometimes use several different Profit & Loss Reports, along with balance sheets, cash flow statements, profit & loss budgets, annual budgets, financial dashboards, KPI dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Sources and Uses of Funds Report for Public Sector Organizations

What is a Sources and Uses of Funds Report?

Sources and Uses of Funds Reports are considered essential monthly financial statements and are used by CFOs and controllers to provide and review monthly financials and budget variances. Some of the main functionality in this type of financial report is that it is parameter driven and the user can run it for any department and year/period. Typical columns in the report include: 1) Actual monthly results, 2) Budget, 3) Variance (amount), 4) Variance (percent), Actual Year-to-date (YTD), 5) Budget YTD, 6) YTD budget variance (amount), and 7) YTD budget variance (percent). The rows list revenues and expenses by account as well as sub-totals and Net Surplus/Deficit. You find an example of this type of financial report below.

Purpose of Sources and Uses of Funds Reports

Public Sector organizations use Sources and Uses of Funds Reports to give leaders an account level detail of actual performance versus budget, and enables users to drill down to transactions to answer questions without having to contact accounting to look up data for them. When used as part of good business practices in Accounting departments, a government entity can improve its strategic decisions and streamline financial reporting, and it can reduce the chances that lack of self-service or limited automated reporting slows down actionable decisions.

Example of a Sources and Uses of Funds Report

Here is an example of a Sources and Uses of Funds Report with variance analysis and drill-down.

Example of a Sources and Uses of Funds Report for Public Sector Organizations

Example of a Sources and Uses of Funds Report for Public Sector Organizations

You can find hundreds of additional examples here

Who Uses This Type of Financial report?

The typical users of this type of financial report are: CFOs, controllers, accountants, executives.

Other Reports Often Used in Conjunction with Sources and Uses of Funds Reports

Progressive Accounting departments sometimes use several different Sources and Uses of Funds Reports, along with cash flow statements, balance sheets, fund reports, financial dashboards, trial balances, annual budget models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Report Example - Comparison Between Current Year and Next Year Budgets

What is a Budget Comparison Report?

Budget comparison reports are considered budget analysis tools and are used by budget managers to provide executives with a clear picture of variances between the current and next year’s budget. Some of the main functionality in this type of budget report is that it it shows the differences between two annual budgets and displays these both as amounts and in percent. The general ledger (GL) accounts are listed down the rows with funds as the most detailed level. The report can be produced at the detailed department level or consolidated to a school or university level. You find an example of this type of budget report below.

Purpose of Budget Comparison Reports

Universities and colleges use Budget Comparison Reports to make it easy for executives to see where the major changes are in the current budget versus that of the prior year. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a higher education institution can improve its budget accuracy, and it can reduce the chances that the major budget changes are approved without proper scrutiny.

Budget Comparison Report Example

Here is an example of a Budget Variance Report comparing the new budget with prior year’s budget.

Higher Education Report Example - Comparison Between Current Year and Next Year Budgets

Higher Education Report Example – Comparison Between Current Year and Next Year Budgets

You can find hundreds of additional examples here

Who Uses This Type of Budget report?

The typical users of this type of budget report are: Executives, budget officers, department managers.

Other Budget reports Often Used in Conjunction with Budget Comparison Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Budget Variance Reports, along with  budget accuracy reports, budget comment reports, budget dashboards, transaction detail budget reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Reporting - Monthly Trends in Revenues and Expenses Example

What is a Monthly Trends in Revenues and Expenses Report?

Revenue and Expense trend reports, sometimes referred to as Statement of Activity trend reports, are considered monthly financial statements and are used by finance teams and executives to easily get a broad view of financial seasonality and other trends. Some of the main functionality in this type of report is that it automatically displays actual (or budget) for all months of the year. Another popular version of this report shows rolling twelve or eighteen months in the columns. The rows are laid out like a typical sources and uses of funds financial statement. The charts on top of the report help the user visualize the key metrics. You find an example of this type of report below.

Purpose of Revenue and Expense Trend Reports

Universities and colleges use Revenue and Expense Trend Reports to easily detect month to month or quarter to quarter trends and anomalies in the organization’s financial results. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a higher education institution can improve its speed and agility to make important business decisions, and it can reduce the chances that the avoidable outcomes are left untouched for longer than necessary.

Revenue and Expense Trend Report Example

Here is an example of a Revenue & Expense Trend Report that can be produced for actual or budgeted financials.

Higher Education Reporting - Monthly Trends in Revenues and Expenses Example

Higher Education Reporting – Monthly Trends in Revenues and Expenses Example

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: CFOs, budget managers, and analysts.

Other Reports Often Used in Conjunction with Revenue and Expense Trend Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Revenue and Expense Trend Reports, along with  monthly variance reports, balance sheets, cash flow statements, financial dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Reporting - Revenue and Expenses with Remaining Budget

What is a Revenue and Expenses with Remaining Budget Report?

Revenue and Expense reports, sometimes referred to as Statement of Activities are considered monthly financial statements and are used by finance officers and accountants to provide managers with year-to-date (YTD) results and to show them how much is still available of the annual budget. Some of the main functionality in this type of report is that it it shows actual results YTD for revenues and expenses along with the full year budget. It then automatically calculates how much of the revenue and expense budget remains. For each new period the report is run for, it dynamically recalculates the remaining budget. You find an example of this type of report below.

Purpose of Revenue and Expense Reports with Remaining Budget Calculation

Universities and colleges use Revenue and Expense Reports with Remaining Budget Calculation to give department heads and finance managers an easy way to course correct during the year. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a higher education institution can improve its likelihood of meeting annual budgetary obligations, and it can reduce the chances that their managers tries to adjust spending too late in the year to align with budgets.

Revenue and Expense Reports with Remaining Budget Calculation Example

Here is an example of a Revenue & Expense Report with actual results YTD, full year budget and remaining budget information.

Higher Education Reporting - Revenue and Expenses with Remaining Budget

Higher Education Reporting – Revenue and Expenses with Remaining Budget

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: CFOs, budget managers, analysts, department heads.

Other Reports Often Used in Conjunction with Revenue and Expense Reports with Remaining Budget Calculation

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Revenue and Expense Reports, along with  formal financial statements, detailed expense and funding/revenue reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples