Overview

General overview

 

This is most important tool to understand and identify the variance.

 

It will help the business to understand their company's performance by assessing profit and loss and paying attention to budgetary differences.

Therefore, it is a tool used to enhance efficiency in a long-standing manner and sustainably over a period of time

 

Very simple to use, the user only needs to change the green cells in the green tabs and the outputs are updated instantly

So a quick overview of the model, in the contents sheet you can see the structure of the model and by clicking on any of the headlines will automatically redirected to the relevant sheet

Key inputs in the green tabs

 

Update the general info the orange tab

Change variance type by choosing the selection boxes in the “Actual vs Budget” tab

All cells in green are input cells

You can find the green cells in the green tabs only

You will get the outcome in the dark blue tabs

You can read the instruction in the light blue tab

 

Key outcome in the dark blue tabs             

 

The inputs in the green cells will dynamically flow into the following below:

-Actual vs budget by month by choosing the month in the selection box on column C, row 3

-Actual vs budget YTD by choosing the month in the selection box on column F, row 3

-Actual vs budget by quarter by choosing the quarter in the selection box on column I, row 3

-Actual vs budget full year by choosing the month in the selection box on column L, row 3

-Dashboard summary.

 

Conclusion and customization

 

Highly versatile, very sophisticated financial template and friendly user

If you have any inquiry please message me

Reviews Add a review
Avatar
Marta Sergeevna

Very usefull template

More From ECF Consultancy

Browse our top rated business templates. See All
Financial Reporting Checklist
469
57
The checklist is a great tool to assist in ensuring compliance with all relevant requirements
Cash Flow Projection for Project Contracting
518
0
General overview   The importance of steady fund income is crucial in construction projects. Cash flow can procure material, pay…
Cash Flow Projection for FMCG
751
1
General overview   Certainly, as confidence in the economy struggles to catch-up to growth, many healthy firms can end up…
Construction Work in Progress Calculator
783
1
General overview   For construction companies that perform contact work, the work in progress (WIP) is an essential financial tool…
NPV, IRR & Payback Calculator
963
171
General overview   The template is constructed to evaluate potential major projects or investments that would require capital budgeting before…
Inventory List with Reorder Level
1,026
106
General overview   A company's inventory is one of its most valuable assets. In retail, manufacturing, food service, and other inventory-intensive…
See All