BFSI - Balance Sheet - Variance vs Budget Report Template

This template captures the variance in balance sheet items of the selected month/year w.r.t the budgeted values for the corresponding period. The user can view insights for the consolidated or Branch balance sheet.

Intended audience: This report is meant for Financial Managers/Analysts.

Focus metrics: Current Assets, Non-current Assets, Current Liabilities, Non-current Liabilities, and Equity.

When to use: To track the metrics related to Assets and Liabilities, the user can select any month/year in the drop-down and the template will show how the KPIs have changed w.r.t the budgeted values. The user can also select if the report needs to be generated at a consolidated level or Branch level. The template also provides detailed insights on KPIs with significant deviation of actual values from the budgeted values.

To use this template, simply download it, connect/upload your data to the dashboard, and run the report. Start by exploring our auto-generated business analytics and create a report effortlessly in a matter of minutes. The template gives you the flexibility to customize and add comments, analysis, and insights as per your needs if required.