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Percentage Cash Variance

Last modified by
on
Sep 29, 2022, 12:51:44 AM
Created by
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Jul 16, 2015, 3:31:11 PM
`"% Variance" = ( T - L )/ L `
`(t)"Cash in This Period (e.g. this year)"`
`(l)"Cash in the Last Period (e.g. last year)"`
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The Percent Cash Variance calculator comoputes the percent variance (difference) in cash amounts between two periods (e.g. this year and last year).

INSTRUCTIONS: Choose currency units and enter the following;

  • (T)  Cash this period.
  • (L)  Cash last period.

% Cash Variance: The calculator returns the % difference in cash.   

Cash Variance

 In budgeting (or management accounting in general), a variance is the difference between a budgeted, planned or standard cost and the actual amount incurred/sold. Variances can be computed for both costs and revenues. This equation shows the percentage of variance in relation to cash.

Accounting and Balance Sheet Calculators

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.

This equation, Percentage Cash Variance, is used in 1 page
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