The Variance Analysis


The Mamut Validis Variance Analysis provides a quick and easy way for you to compare all the numbers on your financial statements in one period against another period.

The variance analysis can be used to compare annual figures (providing a comparison of both monetary values and percentages), quarterly figures, or monthly figures; it’s also easy to switch from one to another.

How to view the Variance Analysis

To view the Mamut Validis Variance Analysis of your accounting data, follow the steps described below.

  1. Select from the menu option Management Reports - Variance Analysis.

    The results of the variance analysis carried out on your Profit & Loss will now be shown.

    The information displayed initially depends upon the extent of your accounting data. If the data goes back far enough, a comparison of the two most recent complete sets of annual data will be shown. Otherwise, if there is less than one year’s data, a quarterly comparison will be displayed. If there is less than one quarter’s data, Mamut Validis will display a monthly comparison.

  2. To change the data being analysed, use the drop-down list at the top of the screen:



    First select the type of data to be compared: annual, quarterly, or monthly. The options provided depend upon the data available. Then select the two periods to be compared. Here again, the options provided depend upon the data available. Finally, click on the Apply change button. The screen is re-displayed with the appropriate variance results shown.

  3. If appropriate, use the buttons at the top-right of the screen to change the financial statement being displayed, as follows:

    Displays details of your Balance Sheet.

    Displays details of your P&L.
     

  4. To expand and collapse the display, click on the arrow buttons.

You can now view the Variance analysis with the specified criteria.

Variance Analysis Transactions

Within each nominal category, the user can compare the periods selected and view the underlying transactions for that category.

Click on the specific nominal account name or nominal code hyperlink you wish to view, to drill down to the underlying transaction detail.

To expand and collapse the display, click on the arrow buttons.


Read more about:

Management Reports

The Ratio Analysis