To access the variance report, head to your Money Tank budget dashboard, scroll down to the Variance Report tile, and select Report. This opens the cashflow graph along with a detailed breakdown of your budget variances.
Filtering Your View
Once the report is open, you can tailor the view to suit your needs. You can filter by:
Tank level (e.g., Property, Work, Holdings)
Personal
Specific property or business
This flexibility allows you to drill down into performance across different areas or view everything at once for a full financial snapshot.
Net vs Gross Actuals Comparison
A key feature of the report is the ability to switch between Net Actuals (after tax and adjustments) and Gross Actuals (before tax and adjustments).
Net is the default view because it aligns with the amount received or paid via your bank feed.
Switching to Gross is useful when you want to compare budgets based on pre-tax figures, such as salary before withholding or invoiced income before GST.
💡 Tip: For the cleanest comparisons, enter income budgets consistently — either all Net or all Gross — depending on how you prefer to track performance.
Breaking Down the Numbers
The report is divided into two main sections: Income and Expenses. Each section can be expanded using the arrows beside the headings, revealing the individual budget categories that make up the totals.
This makes it easy to:
Spot overspending before it becomes a problem
See where you’re ahead of plan
Identify areas that may need adjustment
Why It Matters
Your budget only becomes meaningful when measured against reality. The Variance Report helps turn intention into insight by showing how your finances are progressing throughout the year — not just at tax time.
With automated updates from bank feeds and live comparisons to your budgets, you’re always one step ahead.