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CatL's avatar
CatL
2 years ago

Profit & Loss Budget Analysis report - Difference columns

Hi,

The report shows a positive variance when the actuals are over the  budget and a negative variance when the actuals are under budget.  This is fine for revenue.  However, when the cost is under budget and shows a negative variance, it can be very confusing especially to someone who is not familiar with accounting.   Is it possible to change that, to display a positive variance when cost is under budget and a negative variance when it is over budget?  Thank you.

  • Earl_HD's avatar
    Earl_HD
    12 months ago

    Hi CatL,

    I would like to check if you're still having this issue? If so, please feel free to post again and one of us will be happy to assist you.

    Regards,
    Earl

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    12 months ago

    Hi CatL,

    Thank you so much for your post and welcome to the Community Forum!

    If it's a detailed account, running the General Ledger detail report for that specific account within the same date range as the Profit and Loss can help. This report displays individual transactions contributing to the balance, giving a clear view of their impact on the account balance. 

    I'll link a couple of other posts in which some PL issues are explained: Discounts adding to income in Profit & Loss & Profit and Loss report - includes invoices not paid do hope some of this information helps.

    Regards,
    Earl

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    12 months ago

    Hi CatL,

    I would like to check if you're still having this issue? If so, please feel free to post again and one of us will be happy to assist you.

    Regards,
    Earl

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