Ans:
The Budget Variance report consists of the Trial Balance, Group Summary, and Monthly Summary.
To view, go to Gateway of Tally> Display> Trial Balance
Note: Go to Gateway of Tally> Display>Accounts Books> Group Summary to see the budget variance from the group summary.
Click Ctrl B to see the budget variance.
As illustrated below, select the required budget to see the Corporate Budget, Actuals, and Corporate Budget Variance.
The values of the budget, which have previously been defined, are displayed in the Corporate Budget.
The Actual Budget shows the amount of money spent in the real world.
Corporate Budget Variance depicts the differences between Actuals and Corporate Budget, i.e. Corporate Budget - Actuals equals = Corporate Budget Variance.