Reversing the Sign Just for EBITDA

(0) Share

Report

Posted on by Community Member

Hello:

Below is an image of a Budget vs. Actual P&L statement's column definition in Management Reporter 2012 CU13.

The CFO says that the report is accurate, except that the sign on the EBITDA line item needs to be flipped. It is showing an unfavorable (in parentheses) variance, even though Actual Revenue (EBITDA) is greater than Budgeted Revenue (EBITDA).

In the row definition, for the EBITDA calculation line item, I do not have a "C" in the "Normal Balance" column. Do I need to put one in? Would that solve the problem? If not, then what?

Thanks!

John

*This post is locked for comments

I have the same question (0)

All responses (2)

Answers (1)

Community Member on at

Like (0)

Report

RE: Reversing the Sign Just for EBITDA

Using "C", in the Normal Balance column, worked.

Thanks, Heather!

John

Was this reply helpful? Yes No
Verified answer

Heather Roggeveen 9,146 on at

Like (0)

Report

RE: Reversing the Sign Just for EBITDA

Hi John

That would be worth a try. Or if it is a calculation, put a -1 in the calculation.

A number of options available.

Cheers

Heather

Was this reply helpful? Yes No