Budget Variance¶
Metadata¶
| Property | Value |
|---|---|
| Type | metric |
| Domain | finance |
| Status | active |
| Version | 1.0 |
| Owner | Finance Manager |
| Steward | Finance Team |
Definition¶
The difference between actual financial performance and the budgeted or planned amount for a given period, account, or cost centre.
Description¶
Budget variance highlights overspending or underspending against plan and is used to trigger investigation and corrective action when deviations exceed acceptable thresholds.
Metric Kind¶
derived
Unit¶
currency
Grain¶
account or cost centre by period
Calculation¶
actual_amount - budgeted_amount
Dimensions¶
- account
- cost_centre
- department
- period
Sources¶
- Accounting/ERP system/72HR
- Budget planning records
Related¶
finance.expenditure_variancefinance.revenue_variance
Source¶
This page is generated from the canonical definition definitions/metrics/finance.budget_variance.yaml.
Do not edit this generated page directly.