Build a Dynamic Budget vs Actuals Dashboard on Excel ( Variance Analysis)
Create a budget vs actuals dashboard on Excel for variance analysis. Sign up to The Daily Upside: DOWNLOAD Free Excel file for this video: The Complete Finance Valuation Course: In this video you ll learn how to build a dynamic budget vs actuals Excel dashboard from scratch. This type of model is also known as a variance analysis, where you can determine how much of a difference there is between your budget and your actual amounts. While we focus on a personal finance budget, this is also applicable to a company s internal budget. To make this dynamic, we use data validation to select the month. Then, we use INDEX MATCH to find the budget for a specific month and line item, and SUMIFS to find the actuals for a specific month and line item. In case you want to add more items to your actuals, you can do
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