Finance & AdministrationAvailable for Download

Budget Variance Report

Compare budget with actual by category, explain variances, compare with the prior period and roll up by department. Excel workbook.

Who Should Use It:Small business owners, managers, and administrators.
Primary Task:Compare budget with actual by category, explain variances, compare with the prior period and roll up by department. Excel workbook.
File FormatsMicrosoft Excel (.xlsx)
CompatibilityMicrosoft Excel, LibreOffice Calc, Google Sheets
License100% Free for Team Use
AccessDirect Download (No Sign-Up)
Free download

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Excel (.xlsx)13 KBFree

Editable Excel workbook with formulas and print setup.

Free for team useNo sign-upEditable file
Document Preview

This is the actual first page of the file. Click the preview to see it larger, then download it below. The Sample card shows a completed example, filled in with sample details.

What’s Included in This Resource

Every resource on The Office File provides a complete toolkit rather than an empty, unhelpful document shell:

  • Editable Microsoft Excel (.xlsx) workbook with built-in formulas

Sample included: Example: Budget Variance Report in use. Compare budget with actual by category, explain variances, compare with the prior period and roll up by department. Excel workbook.

How to Use This Template

Follow these practical steps to customize and roll out this procedure with your team:

1

1. Download the file

Get the editable Excel workbook.

2

2. Replace the example figures

Overwrite the white input cells with your own budget, actual and prior period figures. Variance, variance % and status are formulas.

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3. Explain the variances

Write a short explanation and agree an action and owner for every line marked Review.

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4. Save and share

Complete the sign-off on the Summary sheet, then save, print, or share the finished report.