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by Markbeley
Tue Jun 11, 2013 4:11 pm
Forum: Accounting
Topic: Budget Differences on Income and Expense Statement
Replies: 4
Views: 2023

Budget Differences on Income and Expense Statement

On the income statement, the YTD budget difference is shown as Actual - Budget for both income and expenses. So if there is less actual income then budget income, you have a credit amount in the difference column. However, if you have less actual expense than budget, you also have a credit amount in...