How to calculate variance for budget vs actual?

A budget variance is the difference between the budgeted amount and the actual amount. It is calculated by subtracting the budgeted amount from the actual amount.

What is the best way to show budget vs actual in Excel?

Radar Charts and Progress Charts are the best charts to show budget vs. actual spending. A Radar Chart compares multiple variables against each other. A Progress Chart shows how budget and actual spending have changed over time.

How do you calculate the variance of a plan vs actual?

Calculate the variance by subtracting the planned amount (36 units, in the example above) from the actual, (31 units). That way, less than planned calculates to a negative variance (31-36 = -5). For costs and expenses, less is better. Calculate the variance by subtracting the actual amount from the planned amount.

How do you calculate budget to actual variance?

A budget variance is the difference between the budgeted amount and the actual amount. It is calculated by subtracting the budgeted amount from the actual amount.

How to make a budget vs actual chart in Google Sheets?

Fill out the Expenses tabs In the Expenses Forecast tab, you should enter the monthly budget for expenses. In the Expenses Actual tab, you should enter the actual amount spent, every time a bill or invoice is paid. The template automatically combines the budget and actual data to generate Expenses Analysis report.

How do you calculate variance budget actual in Excel?

Enter your actual and budgeted values into separate columns in an Excel spreadsheet. Calculate the difference between the actual and budgeted values by subtracting the budgeted values from the actual values. Calculate the percentage variance by dividing the difference by the budgeted values and multiplying by 100.

What is the formula for actual cost variance?

What is cost variance? Cost variance is the difference between the planned cost of a project and its actual cost after accounting for any extra expenses or unexpected savings. The formula for calculating cost variance is: Projected cost – actual cost = cost variance.

How do you solve budget variances?

You can simply take the difference between two values to identify the variance in Excel or use the “VAR” formula. The VAR formula returns the variance of a sample data set. This is particularly useful if you have sales over time you want to compare to a fixed point in time in your budget.

Home
Functionality index

Organize finances with precision using Actual Variance Budget Template generator solution

Drop document here to upload

Up to 100 MB for PDF and up to 25 MB for DOC, DOCX, RTF, PPT, PPTX, JPEG, PNG, JFIF, XLS, XLSX or TXT

Based on 12500+ reviews

Last updated on Dec 30, 2025

Document creation is just the beginning

Learn more about security

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

pdfFiller scores top ratings on review platforms

What do you like best?
I love having the ability to sign and fill in PDFs that are usually hard to make changes to. I like my files to be clean and typed up, instead of me printing off, then writing on and then scanning back in. PDFiller makes the whole process so much easier.
What do you dislike?
I haven't found any downfalls that irritate me.
What problems are you solving with the product? What benefits have you realized?
PDFiller allows me to quickly sign forms and send back.

Jenna Smith

the features are good, but the interfaces are a bit clunky. For example creating document sub folders wasn't as intuitive as other applications. Additionally there are some documents I would like to move to Trash, but once it been sent out for E-sign it appears it can't be trashed, so I had to move them to a folder.

Gabe C

The website works really well The website works really well - lots of options to accomplish any task, pretty easy navigation, and reasonable pricing (one-time use is even free!). Customer service is outstanding.

BBunsen

Good and easy to use except not easy to… Good and easy to use except not easy to move things around once you've put it somewhere, and also not easy to put the text box right on the line that you're supposed to be filling out

Kate

Combining two files was relatively easy once I read the How to Guide three times to figure it out. But editing text in the file resulted in a change in the font that was not particularly satisfying and could not be corrected.

Jim B

Chatted online to cancel and refund $96 that I was charged and I got a pretty friendly guy named Peter! He was sweet and fast! If I needed this particular application again, I would definitely reuse them!!!

Cabria M

Show more Show less

Watch pdfFiller eSignatures in action

Check out a quick video tutorial that shows how to create and place your signature or send a document for signing.

Related features

List of extra features

FAQs

If you can't find what you're looking for, please contact us anytime!

Contact Support

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

Organize finances with precision using Actual Variance Budget Template generator solution

Document creation is just the beginning

Create and edit documents with a trusted solution

pdfFiller scores top ratings on review platforms

Watch pdfFiller eSignatures in action

Related features

Related searches

List of extra features

FAQs

Create and edit documents with a trusted solution