Post Reply 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Budget Variances and Accruals
04-17-2010, 03:49 AM
Post: #1
Budget Variances and Accruals
In a typical company budget variance review, my department has erratic expenses. Which means 2 months we have nearly no expense and on other months I have expenses in the 6digits. This is primarily because suppliers do not send their invoices in the timely manner.

If I have a fixed accrued amount that averages the overall invoices, will that answer my budget variance? Or is budget variance and accruals 2 separate things separately discussed?

Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 

Forum Jump:

User(s) browsing this thread: 1 Guest(s)