2 Replies
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 24 July 2023
It looks like some fancy terminology because variances have adverse and favourable outcomes. That is negative impact on cash. Naturally old balance plus new balance will increase of.
Maybe old od minus new od could be the variance
sabyasachi mukherjee
(27574 Points)
Replied 24 July 2023
Overdraft variance can be positive or negative
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