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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
No, QuickBooks Online cannot display both month-over-month and year-over-year variances in a single report. You’re forced to choose between Previous Period comparison, Previous Year comparison, or Budget comparison, but you can’t combine these views or add calculated variance percentages.
Here’s how to create unified variance reports that show all period comparisons with automated percentage calculations.
Create combined variance reports using Coefficient
Coefficient solves this limitation by letting you import multiple time periods simultaneously and create unified variance report structures. You can pull current month, previous month, and same month prior year data all into one spreadsheet with automated variance calculations.
How to make it work
Step 1. Import multiple time periods simultaneously.
Import Current Month P&L, Previous Month P&L, Same Month Last Year P&L, YTD Current Year, and YTD Previous Year from QuickBooks and QuickBooks . Each import creates linked data ranges that update automatically with your QuickBooks data.
Step 2. Create unified variance report structure.
Build columns for Account Names, Current Month Actual, Previous Month Actual, MoM Variance %, Same Month Prior Year, YoY Variance %, YTD Current, YTD Prior Year, and YTD Variance %. This gives you complete period-over-period analysis in one view.
Step 3. Automate variance calculations.
Create formulas for MoM % Change using =(B2-C2)/C2*100 and YoY % Change with =(B2-E2)/E2*100. Add conditional formatting for positive/negative variances and automatic subtotals for account groups. All calculations update automatically when your QuickBooks data refreshes.
Step 4. Set up dynamic report updates.
Schedule monthly refresh on the 1st of each month so all variance calculations update automatically. Historical trending is preserved for analysis, and executives get complete period-over-period insights without manual intervention.
Get comprehensive variance analysis in one automated report
This creates comprehensive variance analysis impossible in QuickBooks Online’s native reporting. You get complete period-over-period insights in one automated report that provides executives with the analysis they need. Start building combined variance reports today.
