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Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Actual Cost
- What is the difference between budget and actual cost?
Actual Cost - What is the difference between budget and actual cost?
Budget - an estimate of revenues and expenses for an account for a fiscal year. Actuals - the actuals reflect how much revenue an account has actually generated or how much money an account has paid out in expenditures at a given point in time during a fiscal year.
