Cost Center Profitability Report - A Summary of the activity
Through this activity, you can generate the following reports: Cost Center Profitability report and Productivity Analysis report. The system displays cost center-wise actual values in the 'Actuals for the Period' column, for all the cost elements mapped in the selected CE structure ID, which includes the real-time processing allocated values for a specified period. The system displays the difference between the actual and forecasted values for a period in the “Variance to Forecast” column. The system displays the difference between the year-to-date actual and year-to-date budget, in the “Variance to Budget” column. The system calculates the “% of Variance” using the following formula:
Percentage of variance = (Variance to Budget/Actuals for the year) x 100.
Cost Center Profitability report: Shows the profitability details for a specified period and for a specified cost center structure, in a specified Cost Element Structure.
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Report Heading |
Cost Center Profitability Report. |
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Header information |
CC Description and Financial period. |
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Columns Printed |
Period Actuals, Period Forecast, Period Budget, Variance to forecast, YTD Actuals, YTD Budget, Variance to Budget, % of Variance, Budget for the year, Forecast for the year. |
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Footer |
Date and Time. |
Productivity Analysis report: This report facilitates ratio analysis of various key variables shown in the cost center profitability report. With the help of the formula builder excel, required formulae can be defined to derive the required ratios.
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Report Heading |
Productivity Analysis Report |
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Header information |
CC Description and Financial period. |
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Columns Printed |
Period Actuals, Period Forecast, Period Budget, Variance to forecast, YTD Actuals, YTD Budget, Variance to Budget, % of Variance, Budget for the year, Forecast for the year. |
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