Budget Variance Advanced Calculator

Curious about your budget variance? Enter your budgeted and actual amounts, and our Budget Variance Advanced Calculator will show you the variance.

Budget Variance Calculator

Budget Variance Calculator

Budget Variance Calculator

Component Description
Budgeted Amount The amount that was originally budgeted or planned.
Actual Amount The amount that was actually spent or earned.
Budget Variance The difference between the budgeted amount and the actual amount.
Formula Budget Variance = Actual Amount – Budgeted Amount
Purpose Used to measure the performance of financial planning and identify areas of overspending or underspending.

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