Budget vs. Actual Analysis
Compare your actual financial performance against your budget to identify variances and optimize spending.
Total Budgeted
₦2,600,000
Across all categories
Actual Spending
₦2,557,000
98.3% of total budget
Net Variance
+₦43,000
Under budget (Savings)
Monthly Spending Comparison
Visual breakdown of budget vs actual costs over time.
Detailed Variance Report
Category-by-category analysis of budget utilization.
| Expense Category | Budgeted | Actual | Variance | Status |
|---|---|---|---|---|
| Operations | ₦500,000 | ₦485,000 | +₦15,000 -3.0% variance | Under |
| Marketing | ₦200,000 | ₦245,000 | ₦-45,000 22.5% variance | Over |
| Payroll | ₦1,500,000 | ₦1,500,000 | +₦0 0.0% variance | On Track |
| Technology | ₦300,000 | ₦215,000 | +₦85,000 -28.3% variance | Under |
| Legal & Admin | ₦100,000 | ₦112,000 | ₦-12,000 12.0% variance | Over |
Critical Insights
Marketing is 22.5% over budget due to higher-than-expected acquisition costs in Q3. Recommendation: Reallocate from R&D.
Technology savings of ₦85,000 realized by migrating to regional server clusters in Lagos.
Optimize Your Cash Flow
Use these variances to adjust your next month's planning. Our AI Assistant can help you find ways to cut costs in over-budget categories.
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Export Variance PDF