NetSuite Applications Suite Budget vs Actual Report

Regardless of your sector or industry, it’s likely that your finances department is the beating heart of your entire operation. Without financial fluency, it’s difficult for an organization to thrive, which means that keeping your monetary affairs in order is essential. Using spreadsheet software can make your budget report faster and easier to create, and easier to read and understand. Look at your individual line items because this will help you determine whether certain things are generating more revenue or growth than others.

Added/Churn in Revenue Generating Units with total RGUs and company comparisons. Enter capital expenses by facility and department, with automated depreciation calculation. Headcount, employee separation and turnover rate by plant and month. Actual vs capacity utilization by plant with comparison across plants and by month. Open orders by Plant by Item with actual, forecast and variance. Work orders per plant, customer and item with capacity and inventory status. Detailed financial statement with automatically narrated cover page .

Project Budget

P&L variance report with modern design gives users quick KPI highlights with charts. Unique and automated one page report presenting key financial info as briefing card. Automatically allocates admin expenses to departments based on drivers (i.e. headcount). The report automatically displays parent company on the first tab and subs on the other tabs. Displays balances across selected companies with column sorting to find highest variances. Report shows all months this year vs last year with trend charts. Shows Cash Flow with variance against budget and last year with KPI analysis.

• Think about the reasons why you may have a variance and whether you need to take any action.
• All the expenses under the budget need approval, and nothing will carry forward from the previous year’s budget.
• Being aware of the challenges coming your way can help you tackle them and be prepared to generate accurate financial statements.
• A daily, weekly, and monthly financial record help communicate the ongoing narrative of your company’s economic processes, strategies, initiatives, and progress.
• In the footer of the report, you can select from filter lists to refilter report data.

If the salary distributions of the employees used to generate the projections match the original plan or budget, then the balance will be zero. As we move through the budget period and generate payroll, expenditures will increase and encumbrances will decrease accordingly. The encumbrances of salary and fringe benefit categories represent the projected personnel costs for the remainder of the current budget period. Budget Reports show how much time or money has been incurred on a project—and how much remains. Adjust the time frame settings to include projects that have any data within that time frame. Identify when you will need to hire, how long the hiring process takes and establish employee compensation to be in-line with revenues and growth in the coming year.

Real Estate – Executive Dashboard

Drug patient analysis including by request status, enrollment and eligibility. Power BI dashboard with financial highlights and headcount statistics. Analysis of monthly billings by payor (insurance co.) with KPIs for charges, claims, reimbursements. Sales by media company, offering type, media service budgeting report type and quantity sold. Analysis of charges, billing amount and collections by services provided, payor and physician. Healthcare claims analysis with KPIs for charges, # of claims and paid claims, and payor metrics. Enrollment analysis by applicants, ethnicity, gender, school, campus and trend.

Input of expenses at the GL account level, which includes line item detail, spreading, etc. Retail dashboard with analysis of sales mix per region, store and product. Retail dashboard with analysis of revenue and contribution margin per employee . Power BI dashboard showing analysis of AR, AP and Cash with ranked lists and trends.

Credit Union – Top 10 Members by Profit

Detailed CRM opportunity information and summary showing performance by sales person. Shows sales quantity trend by product with YTD sales for current and prior year.

View revenues and expenses for a selected fund and compare actual to budget. No matter if you’re a small business or a large enterprise, you need to clearly define your goals and what are you trying to achieve with the report. This can help both internal and external stakeholders who are not familiarized with your company or the financial data. A daily, weekly, and monthly financial record help communicate the ongoing narrative of your company’s economic processes, strategies, initiatives, and progress. A weekly financial statement serves to help you monitor all your short-term financial activities in weekly increments. It should be created and reviewed each week and provides a comprehensive look at the short-term performance of your business. This particular financial statement template provides you with an overview of how efficiently you are spending your capital while providing a snapshot of the main metrics on your balance sheet.

P&L Consolidating Report

Actual vs Forecasted direct labor cost and utilization per FTE per manufacturing process. Solver’s Process Manager is a new tool to help companies easily define and track processes and process tasks. Budget membership revenue based on adds, retention, dues and other metrics. Shows actual paid grants versus budget, by program and initiative. Track status of strategic initiatives and related accountability. Enter sales target and the form generates the forecast, then override where desired.

Recurring revenue forecast report with KPIs like ARR and MRR, as well as deal count. Input assumptions for event staffing-related activities that will drive the expense budget. Input assumptions for event-related activities that will drive the revenue budget. Analysis of revenue and viewers with dashboard showing detail per game and broadcaster. This Profit & Loss report shows sports and other venue event types across the columns.

Multi-Year Forecast

Overview and trend analysis of the bank’s securities portfolio with yields, market value, etc. Income statement that dynamically displays periods up to the current month.