Osprey Academy - Customer Support & Training

Using Osprey

Learn how to use Osprey to manage your day-to-day operations and processes

Who is this guide for?

Accounts Users and Accounts Supervisors

Produces a list of Income and Expenditure Nominals for a quarter or for a period, showing the actual movement against the Nominal Budget for the period and year to date.

Budget Analysis example

Filter Options

  • Branch – defaults to All. Select individual branches from the drop down list
  • Department – defaults to All. Select individual departments from the drop down list
  • Currency – shows the default currency.  Other in use currencies can be selected from the drop down list
  • Year – select the year you wish to report on from the drop down list.
  • Report Type – Quarterly or by period
  • Show Summary? – tick this box if you want to report by nominal header rather than nominal SAC (sub analysis code). Leave unticked if unsure.
  • Hide Zero Budgets? – tick this box to hide any nominals that have a zero budget. 

Grouping and Ordering

Ordering – choose to order your report by Account id (nominal code) or Account name (nominal description).

List of Columns produced

Budget analysis by period

  • Nominal code – the code of the nominal
  • SAC – the Sub Analysis Code of the nominal
  • Nominal Description – the description of the nominal
  • Period Actual – the actual amount posted in the period on the nominal
  • Period Budget – the budget you have set for the nominal for the period being run
  • YTD Actual – the actual amount posted in the year to date on the nominal
  • YTD Budget – the total for all periods budgets entered for the year to date
  • YTD Variance – the difference between the YTD actual and the YTD budget
  • Total Budget – the total budget for the year
  • Total Forecast – The actual figure to date added to the budget remaining to the end of the year

Budget analysis by Quarter

  • Nominal code – the code of the nominal
  • SAC – the Sub Analysis Code of the nominal
  • Nominal Description – the description of the nominal
  • Q1 Actual – the actual amount posted in Quarter 1 (periods 1-3)
  • Q1 Budget – the total budget entered for Quarter 1
  • Q2 Actual – the actual amount posted in Quarter 2
  • Q2 Budget – the total budget entered for Quarter 2
  • Q3 Actual – the actual amount posted in Quarter 3
  • Q3 Budget – the total budget entered for Quarter 3
  • Q4 Actual – the actual amount posted in Quarter 4
  • Q4 Budget – the total budget entered for Quarter 4
  • YTD Actual – the actual amount posted in the year to date on the nominal
  • YTD Budget – the total for all periods budgets entered for the year to date
  • YTD Variance – the difference between the YTD actual and the YTD budget
  • Total Budget- the total budget for the year
  • Total Forecast- The actual figure to date added to the budget remaining to the end of the year
In this article