Compare Actual and Budget

The Actualized Forecast View function enables you to see the actual figures for closed periods and the forecast for open periods within the selected budget version. This feature provides a combined view, allowing you to efficiently compare budgeted figures with actual figures and review financial performance accordingly.

Follow these steps to use this feature:

1. Select the Manage working versions module.
2. Select the desired version from the list and then click the View button.
3. Select a department and then click the Manage budget lines/values button.
4. Select the Actualized forecast view icon . The Manage working versions – Actual & Selected screen displays.

   

5. You can perform the following actions in the table:
   1. Use filters - Filter data according to your preferences.

      

   2. Compare figures - Assess actual figures for closed periods and forecasted figures for open periods against the annual budget. Budget values are displayed in light blue, while actual values are displayed in dark blue.

      

      Note: You can map the selected budget version to the current year in Master Data > Year to Version Assignment. This selection populates the Annual Budget column with the corresponding budget values.

      

   3. Update values - Review the data and update values for open periods as required. Click the Save Changes button to save any updates.