- | # Budget vs Actual by Project The Budget vs Actual by Project report displays the actual cost against the available budget for the selected project. Select the required project and click Budget vs Actual by Project/ Activity to view the report. To generate the report, specify: Company The code of the company. Currency Type The type of the currency used for the project. Project The code of the project (range) for which the budget report is generated. Status The project status. Acquiring Method The method used to acquire the project. Financing Method The financing method used for the project. Business Sector The area of commercial endeavour. Projects can be categorized based on the business sector. Geographical Area The geographical area associated with the project. Category The user-defined classification of the project. Program A group of related projects managed in a coordinated way to obtain more benefits and control. Project Manager The employee who manages the project. Actual Cost
      Actual Cost = Actual Cost + Hard Commitment
  or
      Actual Cost = Actual Cost + Hard Commitment + Soft Commitment
- - The report displays: Project The project for which the report is generated. Currency The project currency. Budget The budget allocated to the selected project. Actual Cost The actual cost incurred on the project. Balance Budget Amount The balance amount calculated using the formula:
        (Budget - Actual Cost)
  - % The balance amount expressed as a percentage:
        ((Budget - Actual Cost)/ Budget))*100