Overview
When creating management reports, it is important to conform to conventions for signs of variances. In Report Definition Manager this is controlled via the Sign Rule option for each line.
Sign Rule Settings
Expense
If Actual is greater than forecast the variance is shown as an unfavourable (negative) amount.
If Actual is less than forecast the variance is shown as a favourable (positive) amount.
For example, Actual = 200, Forecast = 150, Variance = -50
Income
If Actual is greater than forecast the variance is shown as a favourable (positive) amount.
If Actual is less than forecast the variance is shown as an unfavourable (negative) amount.
For example, Actual = 200, Forecast = 150, Variance = +50
Comments
0 comments
Please sign in to leave a comment.