IT Finance - Account Variance - Trend report (v103)

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Applies to: Costing Standard 11.8.x running on either TBM Studio v12 or TBM Studio v11.

Introduction

Use this report to view the spend and budget by month for the current fiscal year.

Navigation

IT Finance > Account Variance > Variance Trend View

Roles

This report is designed for IT Finance personnel.

Objectives

Use this report to:

  • View the spend and budget by month for the current fiscal year.
  • Review the supporting data to see the budget variance and the percent variance by month.

Questions answered

You can use the information presented on this report to answer the following questions:

  • How is my budget variance for this cost center fluctuating over time?
  • Is the spend trending up, down, or remaining constant?
  • Is my spend tracking to the planned budget or am I seeing spikes in over/under budget variance?
  • Is action required to mitigate budget risk?

Next actions

View the account transactions for the current or previous months by clicking an account on the IT Finance - Account Variance report.