|All Industries, Financial Model, General Excel Financial Models|
|Budget, Budgeting, Excel, Financial Analysis, Financial Planning, Financial Reporting, Variance Analysis|
The budget analysis is summarized in form of a dashboard containing traffic lights tracking the budget as per the latest Actuals available and charts to compare Sales and EBITDA on a monthly basis. The budget template contains monthly tables and comparisons are available for further analysis.
Here a short explanation of how the analysis works.
The dashboard of the budget analysis template focuses on the following questions:
Are we on target to meet the budgeted targets? We have traffic lights tracking the achievement of targets related to revenues, gross profit margins, OPEX, EBITDA, and EBITDA Margins
Step 1: How are we doing on a monthly basis? (Actuals vs. Budget)
Step 2: How are we doing on a cumulated basis? (Cumulative Actuals vs. Budget)
Step 3: How are we doing compared to last year? (This year vs. previous year)
Step 4: How does an updated (rolling) Forecast compare to the initial Budget? (Updated Forecast vs. initial Forecast)
By answering these questions, a more solid understanding of a company’s budget can be obtained. Detailed schedules related to the budget, actuals, variances are available for further analysis.
The budget analysis template includes the following worksheets:
- Overview (Actuals and Budget this year, Variance, Updated Forecast, Budget, and Actuals last year)
- Inputs This Year
- Inputs Last Year
- Chart Data
The excel budget template is available in two model versions, a free PDF Preview, and a fully editable Excel spreadsheet template.