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New to OtterLedger? Read the Documentation
45 Guides Available Quick Start Guide
Learn AI Categorization View Guide
Have Questions? Check the FAQ

Budget vs Actual

Guide 33: Budget vs Actual Report

Compare planned spending to reality


Overview

The Budget vs Actual report compares your budgeted amounts against actual spending, showing where you're on track and where adjustments may be needed.


Running the Report

  1. Go to ReportsBudget vs Actual
  2. Select budget to compare
  3. Choose time period
  4. Click Run

Report Layout

Summary View

Category Budgeted Actual Variance %
Groceries $600 $540 +$60 90%
Dining $200 $280 -$80 140%
Gas $150 $120 +$30 80%

Visual Indicators

  • Green - Under budget
  • Yellow - Near budget (90-100%)
  • Red - Over budget

Variance Column

  • Positive (+) = Under budget (money saved)
  • Negative (-) = Over budget (overspent)

Analysis Features

Drill Down

Click any category to see:

  • Individual transactions
  • Daily spending pattern
  • Comparison to previous periods

Trend View

Toggle to see budget performance over multiple months.


Exporting & Printing

Use the Export button to save the report as PDF or CSV. Select Print Preview to review the layout before sending to a printer.


Use Cases

  1. Monthly review - Are you staying on track?
  2. Identify problem areas - Which categories need attention?
  3. Adjust budgets - Use actual data to set realistic goals
  4. Track improvement - Compare variance trends over time

Tips

  • Review weekly, not just monthly
  • Use variance data to adjust future budgets
  • Focus on categories with largest negative variance
  • Celebrate categories where you're under budget

See also: Guide 19: Budgeting