Original Budget vs. Revised Budget

Original budget is the plan set at period start; revised budget reflects mid-period changes.

【Original Budget (当初予算)】

The baseline plan set before the fiscal year begins. Once approved, it becomes the benchmark for actual-vs-budget comparison.

【Revised Budget (修正予算)】

Created when circumstances change mid-period: market shifts, org restructures, large new deals. Managed with version numbers (v1, v2...).

【How to use them】

· Variance analysis typically compares against the approved original budget OR the latest revised budget

· Which version to use as the baseline depends on your management accounting policy

· Creating a revised budget does not delete the original — all versions are preserved as history

【Approval flow】

Revised budgets go through the same approval workflow as original budgets (submit → approve → reject).

original budgetrevised budgetbudget versionmid-year revision

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