Variance reporting properties determine how Essbase calculates the difference between actual and budget data for a member whose formula includes an @VAR or @VARPER function. Any member that represents an expense to the company requires an expense property.
To select a variance reporting method:
Access the dimension properties tabs of the Essbase Model Properties dialog box using the procedure in Accessing the Dimension Properties Tabs.
Select a Variance Reporting method:
Non Expense—For non expense items, such as sales, actual should be greater than budget. When actual is less than budget, variance is negative. The @VAR function calculates ACTUAL - BUDGET. For example, if budgeted sales are $100 and actual sales are $110, the variance is 10. By default, members are non-expense.
Expense—For expense items, actual expenses should be less than budgeted expenses. When actual expenses are greater than budgeted expenses, variance is negative. The @VAR function calculates BUDGET - ACTUAL. For example, if budgeted expenses are $100 and actual expenses are $110, the variance is -10.
Note: | To restore the settings on this tab to their previously saved values, click Restore. To restore the settings to their original system default values, click Default. |