Profit and Loss - Actual vs. Budget

The report is a Profit and Loss Statement with a month to date section and a year to date section that compares Actual vs Budget.

Key metrics at a glance

This report compares Actual performance against Budget for two time periods:

1. Month to Date This section shows how the business performed during the current month compared to what was budgeted for that same month.

2. Year to Date (YTD) This section shows how the business has performed from the beginning of the year up to the end of the current month, compared to the budget for the same cumulative period.

Each time period contains the same three key columns:

• Actual: This column shows the actual financial performance (Ledger Posting) of each P&L account for the period being analyzed.
• Budget: This column shows the budgeted financial performance of each P&L account for the period.
• % Var: This column shows the variance in percentage for the actual vs budget. It is calculated as (Actual / Budget) * 100.

Mapping and Filtering

Mapping

All the reports in the Profit & Loss section have the same report structure that can be customized based on the Account Grouping of Acumatica. The following mapping needs to be changed accordingly in the Mapping sheet of each report.

Report section	Account group
Revenue	158
Other Revenue	159
Cost of Sales	2
Operating Expenses	160
Depreciation Expenses	161
Interest Income	162
Interest Expenses	163
Income Tax	164

Filtering

Selection Page

Financial Period

Ledger

Branch