>> "The past few months have seen revenues consistently above budget."
>>
>> (We managed to convince the finance guys to set the targets *so low*
>> that we actually managed to meet them for once.)
>
> A budget is what you plan to spend, not what you plan to earn.

I doubt that my employer knows that.

Certainly we have budgets for what we plan to spend on X, what we plan 
to spend on Y, and what we plan to spend on Z. We also have a budget for 
how much income we're supposed to generate. (Presumably the idea is that 
if we earn that much, we should be able to pay for all the stuff in our 
expenses budgets...)

>> "In the YTD, UK revenues are 29% ahead of budget"
>
> In other words, you actually took in 29% more money than you planned to
> have spent.

No. We earned 29% more than we were aiming for. Presumably because we 
set our targets so low...

> Scott wrote:
>  > Comparing to last year/month is pointless,
>
> It makes sense in a seasonal business. Most businesses are at least a
> bit seasonal.

Well, spring is usually our least busy time of the year, so presumably 
that equates to also being the least profitable. :-)

(Not to be confused with profiterole, which is something quite different.)

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