Settings and activity
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8 votes
Margaret LALOR
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45 votes
An error occurred while saving the comment Margaret LALOR
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9 votes
Hi team, to confirm how the Budget Variance report works currently it'll show;
- Green arrows for favourable amounts
- Red arrows for unfavourable amounts
- Increases in the amount from budget will have an upward arrow
- Decreases in amounts from budget will have a downward arrow
We appreciate your feedback here however being open, there are no plans to change the way this logic is applied in the report, or to extend the arrow colouring across the figures/amounts in the report.
An error occurred while saving the comment Margaret LALOR
commented
I agree - it is illogical and incorrect. A favourable variance showing as unfavourable is incorrect by anyone's standards! And saying the arrows The brackets are the bit that need to show the correct detail. Surely it is not a difficult formula to change in the Xero program. Isn't it a simple IF formula that would differentiate variances on revenue from the variances on costs? If we are meant to be able to use Xero for reporting it needs to be correct and not rely on manual intervention to amend the reports because Xero cannot produce correct key management information.
I, like others, have switched to Xero for payroll and have found you can’t run a report like gross to net before posting the payroll. This is a basic function and am embarrassed it does not exist. I see this has been requested by numerous other people going back two years! Surely this is a simple thing to do- no other software I have seen seems to have the same difficulty in providing such a report!