The Percent Cash Variance (version 2) calculator computes the percent variance (V) in cash amounts between two periods (e.g. this year and last year).
INSTRUCTIONS: Choose currency units and enter the following;
% Cash Variance: The calculator returns the % variance (V) in cash.
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.