Budget vs Actual Profit Calculator
Reconcile a change in operating profit into revenue and cost differences.
Your result
FINANCIALEnter your values and select calculate.
On this page How it works & practical examples
How to use the Budget vs Actual Profit Calculator
Use the same accounting period, currency and cost scope for actual and budget. Cost variance is displayed as budget cost minus actual cost so a positive value improves profit.
The calculation
Worked example
Budget profit $3,000 and actual profit $4,000 produce a favorable $1,000 variance.
Assumptions and limits
Does not allocate variance to prices, volume, exchange rates or accounting adjustments. The inputs must already be comparable.
Common questions
Which inputs should I use?
Use the same accounting period, currency and cost scope for actual and budget. Cost variance is displayed as budget cost minus actual cost so a positive value improves profit.
What does the result exclude?
Does not allocate variance to prices, volume, exchange rates or accounting adjustments. The inputs must already be comparable.