We’re fluent in startup finance. Now you can be too.

Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.

Oops! Something went wrong while submitting the form.
Budget variance analysis

What is budget variance analysis?

Budget variance analysis is a financial process where the actual budgeted amount is compared to the projected budget. The purpose is to find any discrepancies, or "variances," to help improve financial control and decision-making.

A variance can either be favorable or unfavorable. A favorable variance occurs when the actual income is higher than the budgeted income, or actual expenses are less than budgeted. An unfavorable variance is the opposite. Variance analysis is an important tool to help a company understand its operational performance and to identify areas that need attention.

Need help with other finance or startup questions?

Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.

We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.

See what Pilot can do for you

Get the peace of mind that comes from partnering with our experienced finance team.

Oops! Something went wrong while submitting the form.