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The Budget report can be accessed by navigating to Finance - Reports.  You need FinanceAccountMgr or FinanceBudget roles to access this report.  This report is able to compare 2 different budget fiscal years.

Parameter Description
Budget 1 Budget and Fiscal Year for the first budget
As of Date The budget numbers used are from the start of the fiscal year through the month and day of the date for the specified fiscal year. The year portion of the date is ignored.
Budget 2 Optional. This is a second budget to compare against.

The fields ending in 1 are for the 1st budget specified and the fields ending in 2 are for the second budget specified.
Note: Variance is calculated as:  (Budgeted - Actual)
Note: Variance Percent Available is calculated as: Variance / Budgeted * 100
Note: Under each heading, the applicable date range for the amounts are shown.
Field Description
Annual [Budgeted / Actual / Variance / Variance Percent Available] These are the total annual numbers for the entire fiscal year. The As of Date is ignored.
Annual YTD Variance This is calculated as Annual Budgeted - YTD Actual
Annual Year -X Actual This is the Actual amount for 1, 2, 3, 4, or 5 years prior to the selected fiscal year. The X refers to the number of years prior to the selected fiscal year.
YTD [Budgeted / Actual / Variance / Variance Percent Available] These are the Year To Date numbers for the selected fiscal year and the specified As of Date. Note: The budget numbers are prorated according to the number of days in the budgeting period for the As of Date.
Current [Budgeted / Actual / Variance / Variance Percent Available] These are the numbers through and including the Current Budgeting Period. Note: Current refers to the current budget period based on the As of Date. Example: If you are using quarterly budgeting, your fiscal year starts in July, and the As of Date is February, the current budgeting period is 3.
Current Month Actual This is the actual amount for the month. The month is based on the month specified in the As of Date and only transactions occurring through the As Of Date’s month and day are included in the results.
Previous Month Actual This is the actual amount for one month. The month is based on the month before the specified As of Date.
Pd X [Budgeted / Actual / Variance Variance Percent Available] These are the numbers for the specified budget period. Budget period 1 is the start of your fiscal year. Depending on if you do Yearly, Quarterly, or Monthly budgeting the periods may not have any values. Example: If you use Quarterly budgets, only periods 1 through 4 may have budgets or values. Note: Amounts are for the entire period and ignore the As of Date.
Update

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1 min read · Updated April 26, 2026

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