target/actual comparison

A target/actual comparison is the simplest type of controlling. Here, actual values are determined and set in relation to the corresponding target values. This can be applied to costs, working hours, Budgets etc. can be applied.

Of the target/actual comparison in SAP Business One describes the comparison of planned (target) values with the actually achieved (actual) values. The aim is to identify deviations and intervene in business processes to control them.

Areas of application in SAP Business One

1. warehouse management

Monitoring of Inventory variances between posted target quantities and actual stock levels.
Notification of the responsible employees in the event of differences.

2. production

Comparison of Planned costs and times with the actual values after a production order has been completed.
Display in the register "Overview" of the production order to quickly analyse deviations.

3. sales / opportunities

Comparison of Planned and actual completion date for sales opportunities (opportunities).
Helpful for evaluating sales forecasts and realisation periods.

Functional significance

The target/actual comparison supports the controlling and the Operational control in various areas of the company. It helps to identify process deviations at an early stage, analyse causes and initiate measures.

Versino Financial Suite

the Versino Financial Suite supports target/actual comparisons in SAP Business One through comprehensive data analyses in the financial area, integration in reports and the Financial Cockpit as well as high transparency in the detection and evaluation of deviations - a key contribution to process optimisation and controlling.

Benefit

Increased transparency about operational processes.
Improved Process reliability through system-supported deviation detection.
Targeted Error and cost control in production, warehousing and sales.

Note

Depending on the module, target/actual comparisons can have different forms of presentation - from numerical key figures to colour-coded warnings. Regular evaluation is recommended in order to systematically implement process improvements.