ACTUAL VS. BUDGET ANALYSIS - NARRATIVE
For the Period Ending: ________________________
This is a management report which explains why actual results deviated from budget. Explain all variances by line that deviate from budget by $________________ or more, or greater than _______ percent.
If actuals are within desirable limits no explanations is required.
Total Sales:
_____________________________ _____________________________ _____________________________
Cost of Sales:
_____________________________ _____________________________ _____________________________
Other Expenses (list each line item separately) ______________________________________ ______________________________________ ______________________________________ ______________________________________
Prepared by: ______________________________
Date: ______________
Reviewed by: ______________________________
Date: ______________