Use comparison rows

Add comparison rows to your worksheets to view comparative data alongside your budget data and help you edit those values. This information can be used in formulas or just for reference purposes.

User permission: Budgets & Forecasts

Watch this Phocas Academy video: Use comparison rows

In the Main tab, Database tab, and Reference tab, you can add a comparison row based on a stream in the corresponding database, such as last year's actuals, last year's budget, the current year's forecast, and so on. The comparison row includes the percentage difference between the budget values and the comparison row values. You can then drill down into the underlying transactions to take your analysis further.

If you have permission, you can customize the comparison setup and add more comparison rows, to get the best comparisons to meet your organization’s needs.

If your workbook includes additional measures for driver-based budgeting, you can add comparison rows (see Customize the comparison setup below) for those measures. When you do so, the comparison rows display under their respective measure line in the worksheet, where applicable.

View a comparison row

View a comparison row for a budget row using one of these methods:

• Hover over the border line on the left of the Total column and click the Comparison button that displays.

  
• Select the row(s) and click the Row menu > View/hide comparison row. This method is handy when you want to view comparison data for one or more specific rows.

  
• Either click the cell and click the Cell menu > Show comparison or right-click the cell and click Show comparison. This method is handy when you want to quickly view comparison data for a specific cell.

• Click the Expand all comparison rows button in the grid header to expand all rows in the worksheet.

The comparison row displays underneath the budget row, with data from the offset stream, for example, last year’s actuals. By default, the comparison row is based on your budget workbook setup. If you have not yet adjusted any budget values, the comparison and budget values will be the same, so the comparison row shows the difference as 0%. As you adjust your budget values, the difference percentage in the comparison row updates accordingly.

The formula used to calculate the comparison percentage is: (budget value - comparison value) / comparison value

To hide one comparison row, click its Comparison button. To hide multiple comparison rows, select the parent row(s) and click the Row menu > View/hide comparison row.

View comparison data transactions

The ability to view all transactions is limited by your access to financial data. If you have permission to manage custom statements, you can restrict users from accessing transactions in specific accounts.

The transactions window displays all the transaction values associated with the selected value; the sum of these transaction values equates to the value you see in the worksheet cell. This is the same data that you see when you view the transactions in the database, via either Financial Statements or Analytics, as applicable. Regardless of the starting point, the transactions display in Analytics > Transaction mode. In the top-left corner, you can see the period followed by the filters that are applied. In the grid, there are columns for all the properties, along with the value, which corresponds to the selected measure. There’s a count of rows at the bottom. If a row limit is applied in Analytics, it is carried through into the Budgets & Forecasts transaction window, as identified by the warning symbol in the top-right corner.

You can then:

• Click a column header to sort the transactions in that order.

• Click the full-screen button in the top-right corner to get a better view of the transaction grid.

• Click outside the transaction window to close it and return to the worksheet.

Customize the comparison setup

Only the budget owner and administrators can customize the comparison setup. If your organization does not have prior year budgets in Phocas, you can import those budgets to view comparisons. You do this in the Designer module.

The comparison setup automatically applies to every budget row in a worksheet tab, so if you add a comparison row against one item, such as Sales, you will also see that row against all other rows, such as Marketing Expense. However, the comparison setup applies to the active tab only, so you need to edit the comparison row setup for each tab.

Access the Comparison Setup window using one of these methods:

• Click the Tab menu > Edit comparison setup.

• Right-click the tab name at the bottom of the workbook and click Edit comparison setup.

Edit a comparison row

Edit the default comparison row details, for example, change the name or offset, or select a different stream or measure.

Add more comparison rows

Click + Add comparison row, enter a name, select a stream and measure, and enter the offset.

For example, if you want to compare this year’s budget actuals with the actuals from the budget from two years ago, add a new comparison row called 2 Years Ago Actuals based on the Profit and Loss stream. The offset is -24, as you want values from 2 years (24 months) ago.

If you’re partway through the year and therefore, your actuals don’t yet include the entire year’s data, you will get a warning note telling you the actuals are slightly out of range. Any months not yet completed will populate with zeros in the comparison row. For example, if you are currently in November 2020, the December 2021 budget will populate as zeros because December 2020 currently has no activity. You do not need to take any action here; you can enter data manually in the zeros cells, or copy forward data from the other months as a starting point.

Use calculated measures

The available measures in the comparison row setup depend on the selected stream in the underlying database. Some of the measures have a yellow calculator icon next to them, which signifies that they are a calculated measure in the underlying database. You can hover over the icon to view the underlying formula.

You can also see this formula in the budget worksheet.

Customize the measure format

Click the menu button (three dots) at the end of the row and switch to Custom format, then define your format. See Format measures in the comparison rows for more information.

Delete a comparison row

Click the menu button (three dots) at the end of the row and click Delete. The row is instantly deleted.