Cost Acctg. Balance/Budget (report)
The Cost Acctg. Balance/Budget report summarizes balances in cost and budget accounts. It supports financial planning and control by allowing you to filter by fiscal year, cost type, or budget version for accurate analysis.
Use cases
Analyze balances for cost accounts and budgets to support financial planning and control. Use filters like fiscal year, cost type, or budget version to tailor insights and ensure accuracy.
Tip
Tip:
Here are some tips on how to use the report:
- Tailor the report to your planning needs by filtering results by fiscal year, cost type, or budget version.
- Review and validate your cost and budget alignment across departments.
- Get a summarized view to support strategic decision-making and financial oversight.
- Compare actuals to budgeted figures to identify variances and adjust forecasts accordingly.
Finance teams can use the report to:
- Monitor adherence to budgets.
- Support cost control initiatives.
Controllers can use the report to:
- Review and validate the performance of cost centers.
- Ensure budget allocations are followed.
Auditors might reference the report to:
- Verify the completeness and accuracy of cost and budget records.
Try the report
Try the report here: Cost Acctg. Balance/Budget
Tip
Tip:
If you hold down the CTRL key while you select the report link, the report opens on a new browser tab. In this way, you can stay on the current page while you explore the report on the other browser tab.
Related information
Cost accounting overview
Built-in key finance reports
Ad hoc analysis on finance data
Financial analytics overview