Review the Budget vs Actuals Report

The Budget vs Actuals Report in Rillet provides a powerful financial analysis tool that compares your planned (budgeted) amounts with actual transaction data. It helps stakeholders monitor financial performance, identify variances, and understand whether spending is aligned with expectations. By highlighting overspending, underspending, and unplanned costs, the report supports better forecasting and more informed decision-making.

You can use this report to:

• Compare planned and actual expenses

• Detect unbudgeted or miscategorized transactions

• Explore detailed spending by vendor or department

Review the Budget vs Actuals Report

To review the Budget vs Actuals Report:

1. Go to Reporting.

2. Select the Budget vs Actuals report under Analytics.

   
3. Choose your filters (e.g., time range, department, vendor) as needed.

   

Note: the Group by filter can be adjusted for any variation or combination of account, vendor, or custom field

The report displays a dynamic table with the following columns:

• Account/Vendor/Department/Field: Variable based on your grouping selection (e.g., Account, Vendor, Department, or Custom Field).

• Actual: Total spend based on transactions recorded in Rillet.

• Budget: Values pulled from your uploaded budget file.

• Variance: Difference between budget and actual spend.

• %: The percentage over or under budget.

You can expand or collapse rows to adjust the level of detail.