Feature
Budget-vs-actual, without rebuilding the comparison by hand
Knowing whether a property is on budget requires comparing what was planned against what actually happened — a comparison that goes stale immediately if it's rebuilt manually each month. Meridian generates it from the same ledger driving every other financial report.
The problem
Budget-vs-actual comparisons built in a separate spreadsheet drift out of sync with the ledger the moment a transaction is logged somewhere else.
Why it matters
Budget variance is often the first signal that a property's expenses are creeping or that rental income is underperforming — catching it a quarter late is catching it too late to act.
How Meridian helps
- Budget-vs-actual comparison generated from the same per-property ledger as every other financial report
- Variance visible per expense category, not just a single top-line number
- Portfolio-wide budget performance alongside per-property detail
- PDF and Excel export for board or owner review
FAQ
Can budgets be set per property?
Yes — budgets are configured per property and category, compared against actuals as they're logged to the ledger.
Does this need a separate budgeting tool?
Budget-vs-actual reporting runs on the same financial ledger used for rent, expenses and vendor invoices — no separate budgeting system required.