Budgeted vs. Actual Amounts - Month (FINR720 - SIGAFIN)

This report enables a monthly comparative analysis of financial quoted values and actual values by class, in the currency defined.

The report shows the classes payable and receivable with their respective realized and unrealized amounts, presenting the total amount and the budgeted amount along with their respective balances (credit or otherwise).

In Accrual Accounting, the event registration is in the date when the event happened. Accounting defines Accrual Accounting as the document registration on the date of the generator fact, i.e., the date of the document, regardless of when it will be paid or received.

Accounting uses Accrual Accounting, i.e., Revenues, Costs, Expenses, and Investments are accounted for within the month when the generator fact happened. That means the service provision, material purchase, sale, or discount date, regardless of when the item will be paid or received, but when the act was performed.

Cash Accounting is the opposite; we consider the document registration on the payment or receipt date as if it was a bank account.

In this case, Financial uses the Cash Accounting, that is, Revenues, Costs, Expenses, and Investments are accounted for in the month when they were paid or received.

For this report to work, budgets need to be recorded for each financial class and budgeting year (FINA020). 

Parameters:

• From Inflow Class?  
• To Inflow Class?
• From Outflow Class?
• To Outflow Class?
• Consider accounting type? | List of options: (Cash/Accrual)
• Which Currency?
• Print Accrued?
• Reference Date?
• Other currencies? |List of options (Convert/Do not print)
• Consider Provisional? |List of options: (Yes/No)
• Base date? 
• Select Branches? |List of options: (Yes/No)

Explanatory notes:

• Inflow Class: These are the revenue classes to be considered in the report
• Outflow Class:  These are the expense classes to be considered in the report
• Consider accounting type? : This refers to how the report will display the information, considering the cash or accrual accounting.
• Which Currency? : This report must display the values in which currency?
• Print Accrued? This determines whether the report should display the Accrued columns (Budgeted / unrealized / realized)
• Reference Date?  This question determines the budget year, determined at the financial budget file.
• Other currencies? This determines if transactions should be converted or not displayed
• Consider provisional? : This determines whether provisional bills should be considered or not
• DataBase?: If the system's database should be changed before generating the report.
• Select Branches?: This determines whether the report considers only the logged-in branch or if a screen for selecting the desired branches must be displayed.

The report will be displayed as a list by class, dividing pages by class and class type, if it is an inflow or outflow, with the following columns:

• Unrealized
• Paid in
• Budgeted
• Variation (budgeted in the reference month)

• Unrealized accrued in the budget year
• Realized accrued in the budget year
• Budgeted accrued in the budget year
• Variation accrued in the budget year

This report will consider only bills that underwent bank transactions and/or provisional bills if the Consider provisionals question is set to "YES".