Previous Topic: 6.3.1 Financial ReportsNext Topic: 6.3.1.2 Budget Threshold Report


6.3.1.1 Budgetary Analysis Report


 
 The Budgetary Analysis Report summarizes the charges invoiced
 to the cost centers within the accounting period, compared to
 their specified budgets for the same period.  This report
 lets you see which cost centers are over or under budget and
 the amount of the discrepancy.  You can also run a
 Year-to-Date Budgetary Analysis Report that lists
 year-to-date amounts.
 
 Figure 6-7 shows a sample of the Budgetary Analysis Report.
 The report heading contains the data center name, the report
 name (for example, Budgetary Analysis), and the accounting
 period (for example, June 2005).
 
 The body of the report lists the cost center's name (as
 specified in the Cost Center Attributes File), (for example,
 Acme Products Division), the Over Budget status (if
 applicable), the budget amount for the accounting period, the
 actual charges for the accounting period, and the variance
 (budget amount minus charges).  Negative values of the
 variance are shown in parentheses.
 
 Because zero balanced amounts are not compared to budgets,
 the "Net Charges" column amounts do not reflect any zero
 balance adjustments.
 
 The budget amounts and charges are totaled and the variance
 and status for the total are calculated.
 
 
 REPORT OPTIONS
 
 The available options for this report are:
 
 o Fuzz Value
 
   An OVER BUDGET message prints when the charges vary from
   the budgeted amount.  By specifying a Fuzz Value, some
   tolerance is allowed before the OVER BUDGET message is
   produced.  The default Fuzz Value is $1000, so that
   differences of less than $1000 between the charges and the
   budgeted amount are ignored.
 
 o Cost Center Selection
 
  You can run this report for all billable customers (cost
  centers), all non-billable customers, or both.  The STATUS
  variable in the Financial Recap File (derived from Billing
  Status in the Cost Center Attributes File) indicates whether
  a cost center is billable.  Specifying a SYSPARM parameter
  of STATUS=BILL, STATUS=NOBILL, or STATUS=BOTH determines
  which cost centers appear on the report.  The default is
  BOTH.
 
 
 RUNNING THE REPORT
 
 Run the Budgetary Analysis Report from the Financial Reports
 option of the IS Financial Management menu (MWF;4;2;4;3;2).
 The JCL for this report is in the
 sharedprefix.MICS.CNTL(FINRPT) member.
 
 Run the Year-to-Date Budgetary Analysis Report from the Year
 to Date Financial Reports option IS Financial Management menu
 (MWF;4;2;4;3;3).  The JCL for this report is in the
 sharedprefix.MICS.CNTL(FINRPTY) member.
 
 

                                                 Y O U R  C O M P A N Y  N A M E                                                          BUDGETARY ANALYSIS                                                  ACCOUNTING PERIOD: JUNE      ,2005                   REPORT DATE:  07/26/05                                                                   PAGE NO. - 1             COST CENTER NAME                                   STATUS          BUDGET             NET CHARGES        VARIANCE             ----------------------------------------------- ------------  -----------------  -----------------  -----------------             ACME PRODUCTS DIVISION                          OVER BUDGET               $0.00          $6,038.02        ($6,038.02)             AUSTIN PLANT 1                                  OVER BUDGET               $0.00          $1,107.97        ($1,107.97)             DUNSMILL                                        OVER BUDGET               $0.00          $5,779.14        ($5,779.14)             FIELD SERVICES                                  OVER BUDGET               $0.00      $1,400,734.36    ($1,400,734.36)             MARKETING                                       OVER BUDGET               $0.00      $2,041,334.22    ($2,041,334.22)             SALES                                                             $3,649,421.61        $196,419.77      $3,453,001.84             ----------------------------------------------- ------------  -----------------  -----------------  -----------------                                                      TOTAL  OVER BUDGET       $3,649,421.61      $3,651,413.48        ($1,991.86)                                                             ============  =================  =================  =================


 Figure 6-7.  Budgetary Analysis Report