Set targets against your own chart of accounts, then compare them with what the ledger actually recorded. No export, no lookup formulas, no second copy of the numbers to keep in step.
Try It FreeEach account compares its budget with real activity, and the differences add up at the top. Anything over budget is flagged, so problems show up early.
Presented by one of the AI assistants built into the app. A real screen recording of the software.
A budget kept in a spreadsheet is only as current as the last time someone pasted actuals into it. Kantivo's Budget Manager stores the plan beside the books, so the comparison is always against posted figures for the budget's own date range.
You create a named budget for a fiscal year, choose whether to plan by month, by quarter or as a single annual figure, and enter amounts per account in a grid. When you open the variance report, Kantivo pulls actuals for those same accounts and that same window and sets them side by side.
Give the budget a name, fiscal year, start and end dates, and a period type: monthly, quarterly or annual.
Every income, cost of goods sold and expense account is listed with a column per period and a running row total.
The variance report shows budgeted, actual, dollar variance and percentage variance for each account.
Edit amounts whenever the outlook changes. The next variance run reflects the revised plan.
Budgets follow the dates you set, not the calendar, so a July-to-June fiscal year is planned as such.
The editor lists the profit-and-loss accounts from your own chart of accounts in account-number order.
Overspending an expense line and falling short on an income line are both unfavourable, and Kantivo treats them that way.
Companies running the Government Edition (GASB) can post an approved budget to a segregated budgetary ledger, recording estimated revenues and appropriations without touching the actual financial statements.
A budget earns its keep in month four, not in January. When the comparison is one click from the books, an owner can see a cost line running hot while there is still time to act, and an accountant can review the plan against posted results without asking for a fresh export.
Profit-and-loss accounts: Income, Other Income, Cost of Goods Sold, Expense and Other Expense. Balance sheet accounts are not part of the budget grid.
From transactions posted in Kantivo for each budgeted account across the budget's start and end dates. There is nothing to import.
Yes. Each budget is a separate named record, so you can hold an original plan and a revised one for the same year and compare each against actuals.
Start a free 30-day trial and run your first budget-vs-actual comparison against your own ledger.