What Vanward calculates
Monthly and year-to-date variances, rolling forecasts and full-year outlook.
The method
- Compare saved budget and actual amounts by account and fiscal period in cents. Amount variance is actual less budget; percentage variance divides that difference by the absolute budget and multiplies by one hundred. A zero budget has no percentage variance. Apply revenue or expense direction for favorable results.
- Forecast future months with saved budget, the last three closed months' average, or that average grown at the entered monthly trend rate. Combine closed actuals and forecast months for the full-year outlook; missing closed months prevent a complete outlook.
What the company decides
Budget amounts, account classification and grouping, fiscal year, forecast method, growth rate and materiality floor. These inputs and judgments are outside the guarantee.
Where it shows in Vanward
Budget workspace, comparison reports and forecast workbooks.
Method change log
- 2026-11-09 · 1.0 published