budget reports

A budget report is a financial document that shows how much money a person, company, or organization planned to spend and earn over a specific period. It compares actual income and expenses to these plans, helping to track financial performance. The report highlights areas where spending is over or under budget, enabling better decision-making, cost control, and financial planning. Essentially, it provides a clear snapshot of financial health, ensuring resources are managed effectively to meet goals or identify areas needing adjustments.