Expenditure Variance¶
Metadata¶
| Property | Value |
|---|---|
| Type | metric |
| Domain | finance |
| Status | active |
| Version | 1.0 |
| Owner | Finance Manager |
| Steward | Finance Team |
Definition¶
The difference between actual expenditure and budgeted expenditure for a given period, account, or cost centre.
Description¶
Expenditure variance is used to identify overspending and cost control issues before they materially affect financial performance.
Metric Kind¶
derived
Unit¶
currency
Grain¶
account or cost centre by period
Calculation¶
actual_expenditure - budgeted_expenditure
Dimensions¶
- account
- cost_centre
- department
- period
Sources¶
- Accounting/ERP system/72HR
- Budget planning records
Related¶
finance.expenditurefinance.budget_variance
Source¶
This page is generated from the canonical definition definitions/metrics/finance.expenditure_variance.yaml.
Do not edit this generated page directly.