Defining Variances Rules.

Set rules for how Jirav identifies Favorable and Unfavorable Variances in Reports & Dashboards

Variance rules are used in Reports & Dashboards to highlight favorable and unfavorable variances. 

To review, delete, modify & add Favorable Variance thresholds, go to Settings ⚙️ and select Variances.

Each line that you would like to show as favorable or unfavorable in a report section or dashboard tile should be defined here. It means that adding Revenue - All Accounts - All Departments will not be applied to Revenue Sub-accounts. Each Revenue Sub-account like the Revenue Subscriptions GL account, Revenue Implementations GL account, etc. needs to be added separately. The same applies to Departments.

In the example pictured above, the rule states that if the calculated variance for Revenue is greater than 0 or 0%, it is considered a favorable variance and will be displayed in green. Conversely, if the variance is less than 0 or 0%, it is classified as an unfavorable variance and will be displayed in red as pictured below.