Understanding Cash Flow Sheets | Saint Clair Terraces

How to find the difference between money spent for the month and money budgeted for that month.

1. Find the item you are interested from the Expenses column

2. Follow the row for that item and under the column Budget Month select that amount

3. In the same row choose the figure under the column Actual Month.

4. Subtract amount of Actual Month from the Budget Month

Finding the difference between the amount spent for the year to date and the budgeted year amount

1. Simply subtact the Actual year to date from the Budgeted Year to Date.

The Closing Balance at the bottom of the list

1. It is the amount of the Opening Balance plus Debit Activity minus the Credit Activity

*Parentheses indicate money on or under budget