2022 Q2 Variance and CPR Reporting
July 22, 2022
Good afternoon, this email is directed to staff responsible for variance reporting.
Thank you all for your commitment and efforts in working through the Q2 reporting timelines. Variance sheets for Q2 (April 1 to June 30, 2022) are now available. Please note that the variance sheets capture all transactions posted to Business World up until end of day Wednesday, July 20th. Journal entries, payment requisitions and invoices received by Finance after this date will continue to be posted to Business World daily; however, they will not appear in your variance sheets. Please take this into consideration as you update your variance sheets.
The attached pdf provides instructions on where to locate your variance, how to complete and where to return by end of day Friday, July 29th. Variance Sheets are available, the supporting documents are still generating and will be made available in the Supporting Documents folder on the J:\drive once done, however, you do not need to wait for the supporting documents as you should be able to run details reports and view the details of your accounts in BW at any time.
If a variance sheet is no longer required, please move it to your division’s Return folder and add “to be closed” at the beginning of the filename. .
Deadline:
Variance reporting is due by end of day Wednesday July 29th, 2022.
Please also remember to complete CPR (Centralized Planning & Reporting) by end of day Wednesday July 29th, 2022.
Support:
For any questions please do not hesitate to reach out to members of the Finance and Strategic Budget Planning & Performance (SBPP) teams directly. For any issues regarding the variance reports specifically, please contact Edmond Cheng at edmond.cheng@trca.ca
For a full list of Finance & SBPP Team contacts, please see below:
Please also note that all 2022 Quarterly Timelines are available on the Staff Hub Finance Space for 2022 planning purposes.
John Arcella
Controller, Finance