---
title: "EFC variance report (PAS)"
slug: "efc-variance-report-pas"
tags: ["daily hot costs", "hot cost", "hot cost report", "hot costs"]
updated: 2026-07-07T19:15:48Z
published: 2026-07-07T19:15:48Z
canonical: "help.wrapbook.com/efc-variance-report-pas"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://help.wrapbook.com/llms.txt
> Use this file to discover all available pages before exploring further.

# EFC variance report (PAS)

## Overview

The *EFC variance report* compares the estimated final cost changes within a selected period. This report is similar to a cost report, but focuses exclusively on EFC changes by removing all *PO* and *Actual* amounts, while adding detailed explanations and identifying which team members made each modification.

This report provides production teams with clear comparisons between reporting periods, enabling you to:

- Visualize exactly what changed between periods with intuitive highlighting
- Understand the *why* behind every variance with detailed explanations
- Identify potential budget risks before they impact your bottom line
- Eliminate time-consuming manual tracking across systems
- Customize views to match your specific reporting requirements

## How to create an EFC variance report

In order to create an EFC variance report, Wrapbook’s [Production Accounting Suite](https://help.wrapbook.com/docs/about-production-accounting) must be enabled.

Once PAS is enabled, you can begin creating your report by going to the *Generate an EFC variance report* page:

1. In the left-side navigation, click the dropdown menu
2. In the dropdown menu, select the name of the project that you want to access the EFC variance report for
3. In the left-side navigation, expand the *ACCOUNTING* menu, and click **Accounting reports**
4. On the *Accounting reports* dashboard, click the **Create report** button next to *EFC variance report*

![EFC variance report generation interface with filters and settings for budget analysis.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-03-30T150248.964.png)

*Example of the Generate an EFC variance report page*

### What do you want to see in this report?

On the *Generate an EFC variance report* page, under *What do you want to see in this report?*, you can use simple conversational language to describe what data you want to include in the report.

**Here’s how it works**

- Under *What do you want to see in this report?* type a description of the data you want to show in the report
- For example: *Show me all accounts that had a variance of more than $1,000 last period*

![Interface for generating an EFC variance report with filter options for accounts.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-03-30T150505.112.png)

*Type a description of the information that you want to see in the report*

### EFC variance report manual filters

You can also click on any of the filter fields listed to apply to the report.

****Click the arrow** to see the full list of manual filters available for *EFC variance reports***

| **Filter** | **Description** |
| --- | --- |
| ***Budget*** | The budget that you want to run the report for |
| ***Selected period*** | The timeframe for the report |
| ***ACCT range*** | The range of ACCT #s from the COA to be included in the report |
| ***Specific accounts*** | The specific accounts to be included in the report |
| ***Variance amount range*** | The range in dollar amount that you want to see report data for |

![Budget management interface displaying selected period and account details for filtering.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2025-08-15T100014.413.png)

*Screenshot of the manual filters available for the EFC variance report page*

### EFC variance report settings

In the *Report settings* section, you’ll have the option to configure the report in the following ways:

- *Thousands separator -* If you want to display a thousands separator on your report amounts, click to enable this option
- *Export format (PDF or CSV)*
- *Page size (Letter, Legal, Ledger/RA3 or 2x Ledger/RA2)*
- *Show cents -* If you want your report amounts to include cents, click to enable this option
- *Report name*
- *Report type (Summary, Detail, Summary & Detail)*

**Customize**

Under *Report columns*, you can click the **Customize** button to the following columns:

- Account
- Description
- Budget
- Approved Overages
- Total Budget
- Previous EFC
- Current EFC
- EFC Variance
- Explanation
- Changed by

After clicking *Customize*, use the customize *Report Columns* popup to:

- **Select or remove columns** — check or uncheck the boxes next to each column name
- **Rename a column** — click an existing column name and type a new one
- **Reorder columns** — hover over the four-dot icon to the left of a column name, then drag it to a new position

![Settings for exporting a report in PDF format with customization options highlighted.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-04-09T125523.793.png)

*Screenshot of EFC variance settings options. Click the* ***Customize*** *button to choose which columns to include in the report, update column names, and change the column order.*

![Report columns with checkboxes for account, budget, and explanation details.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-04-09T125636.598.png)

*Check the columns you want to include, click a column name to rename it, and use the four-dot handle to drag it into a new position*

### Preview your EFC variance report

In the *Report preview*, you can see the types of data that will appear in the report based on the filters and settings you’ve applied.

### Generate your EFC variance report

- On the *EFC variance report* page, click the **Generate report** button
- After you click the button, your report will begin automatically downloading to your computer. You’ll receive an email once it’s ready.

![Preview of an EFC variance report generation interface with applied filters and settings.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-03-30T150631.251.png)

*Example of a EFC variance report preview. Click the* ***Generate report*** *button to begin your download.*

![EFC variance report for Lady Gaga documentary detailing budget and expenses.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/image-2MA3H0R1.png)

*Example of a EFC variance report generated in Wrapbook*

## Create an EFC variance report template

Report templates allow you to save your preferred settings for your *EFC variance reports*. Instead of adjusting settings every time you generate a report, you can create and save templates for quick access to your preferred views.

### Create a template

1. Go to the [Generate an EFC variance report page](/v1/docs/efc-variance-report-pas#how-to-create-an-efc-variance-report)
2. In the *Apply filters* section, add the [filters](/v1/docs/efc-variance-report-pas#efc-variance-report-manual-filters) that you want to use for your report template. Use the *Report preview* to see an overview of what will be included in the report.
3. Once you are satisfied with the way the report is configured, click the **Create template** button
4. In the *Create template* popup, enter a template *Name.* You can click the checkbox to *Set as default* (optional).
5. Click the ***Save*** *button*
6. The template that you’ve just created will now appear as an option in the *Custom template* dropdown menu when you return to the *Generate report* page. If you set the template to be the default, it will automatically be selected in the dropdown menu.

![Preview of EFC variance report generation with filters and settings options displayed.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-03-30T150816.969.png)

*Click to apply filters, then click the* ***Create template*** *button*

![Interface for creating a new template with fields for name and default settings.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/New%20template%20popup.png)

*Enter a Name, click to Set as default for this report (optional), and then click the* ***Save*** *button*

![Confirmation message indicating the template has been successfully saved for future use.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Template%20saved%20alert.png)

*A notification will appear confirming that your template has been saved*

### Set as default, rename, duplicate, or delete an existing template

Once a template has been created, you can set it as the default, update its name, duplicate it, or delete it using the following steps:

1. Go to the [Generate an EFC variance report page](/v1/docs/efc-variance-report-pas#how-to-create-an-efc-variance-report)
2. On the *Generate an EFC variance report* page, under *Templates*, click the dropdown menu to select the template that you want to update
3. Click the gear icon, and then select an option: *Set as default, Rename, Duplicate,* or *Delete*

![EFC variance report generation interface with budget selection and filter options displayed.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Untitled - 2026-03-30T151018.791.png)

*Select the template, click the gear icon, and then make your selection*

### Updating a template

- If you make changes to a template, a *Save changes* button will appear next to the template’s name
- To preserve the changes be sure to click the **Save changes** button before running a report or leaving the page

![Dropdown menu showing template options with a highlighted 'Save changes' button.](https://cdn.us.document360.io/67f3ef76-1568-46b4-8047-4792fc3a99ce/Images/Documentation/Save%20template%20changes.png)

*Click the* ***Save changes*** *button to update the template*

Estimated Final Cost: A number that updates bad on acutal costs incurred against the budget

In production accounting, the difference between the actual costs of production and the estimated budgeted costs.

A detailed weekly report that summarizes cost compared to budget. This summary document is organized by department and reflects cost analysis in terms of current week’s spend, actual spend to date, PO commitments, estimate to complete (ETC), current estimated final cost (EFC), product placement monies, current budgeted amount, and any overages (approved or not), and overage/underage detail by account.

(Purchase Order) A financial document committing the production to expenditure.

The document containing the anticipated expenditures for the various components of a production, usually separated by above the line (ATL) and below the line (BTL) costs.

(Chart of Accounts)The master list of all the accounts used to track production costs, expenses, assets, liabilities, and income. These also can be referred to as Cost Accounts. In commercials, typically AICP line numbers are utilized in its stead.