What Is The Difference Between ETC And EFC?

ETC is the remaining estimated cost to complete a line. EFC is the estimated final cost after combining recorded actuals, open commitments and the remaining estimate under the worksheet's stated method.

Does It Replace Movie Budgeting Or Production Accounting Software?

No. It is a focused local worksheet and durable export path for planning, review and smaller productions. Multiuser approvals, payroll feeds, purchase-order systems and audited accounting remain outside its scope.

Film & Video Production Budget & Cost Report

Build a production cost-code ledger with baseline, working budget, commitments, actuals, ETC, EFC, variance and department rollups.

Cost Report Control

Set the reporting period and working assumptions used across the ledger.

Project Title

Production TypePrepared ByReport PeriodPeriod StartPeriod EndCurrency

Report As OfFringe & Payroll-Tax Rate%Fringe & Payroll-Tax Base$Unallocated Contingency$Outstanding Advances$Outstanding Petty Cash$

Original Budget: $553,000
Current Budget: $581,500
Committed Unpaid: $157,000
Actual Paid: $245,050
ETC: $185,500
EFC: $587,550
Ledger Variance: -$6,050
Net Headroom: $8,650

Production Cost Ledger

EFC equals actual paid plus committed unpaid plus ETC. Variance equals current budget minus EFC.

Editable production cost ledger
Order	Original Budget	Current Budget	Committed Unpaid	Actual Paid	ETC	EFC	Variance
						$18,750	$1,250
						$42,500	$2,500
						$29,500	-$2,000
						$92,800	-$800
						$59,500	$1,500
						$30,500	$500
						$57,500	-$3,500
						$105,000	-$3,000
						$38,500	-$500
						$39,000	-$3,000
						$42,500	$2,500
						$31,500	-$1,500
Ledger Total · 12 Cost Lines	$553,000	$581,500	$157,000	$245,050	$185,500	$587,550	-$6,050

Rollups & Production Outlook

Department and phase totals use the same cost lines shown in the ledger.

Department	Lines	Current Budget	Actual Paid	Committed	ETC	EFC	Variance
Camera	1	$92,000	$41,800	$26,000	$25,000	$92,800	-$800
Development	1	$20,000	$14,250	$1,500	$3,000	$18,750	$1,250
Editorial	1	$102,000	$38,000	$36,000	$31,000	$105,000	-$3,000
Finishing	1	$36,000	$3,000	$12,000	$24,000	$39,000	-$3,000
Grip & Electric	1	$61,000	$30,500	$17,000	$12,000	$59,500	$1,500
Impact	1	$45,000	$7,500	$6,000	$29,000	$42,500	$2,500
Insurance & Legal	1	$30,000	$18,500	$5,000	$8,000	$31,500	-$1,500
Locations	1	$27,500	$12,000	$9,500	$8,000	$29,500	-$2,000
Production Office	1	$45,000	$28,500	$4,000	$10,000	$42,500	$2,500
Sound	1	$31,000	$16,000	$7,500	$7,000	$30,500	$500
Sound Post	1	$38,000	$4,000	$18,500	$16,000	$38,500	-$500
Travel	1	$54,000	$31,000	$14,000	$12,500	$57,500	-$3,500

Modeled Fringe & Payroll Taxes: $20,300
Unallocated Contingency: $35,000
Total Current Authorization: $616,500
Total Forecast Cost: $607,850
Unreconciled Cash: $10,750

Outstanding advances and petty cash stay outside EFC because the same spending can appear in actuals after reconciliation. The report displays that cash as a separate control exposure.

Report Files

JSON preserves an editable workspace. CSV, Excel and PDF produce review copies with assumptions, rollups and definitions.

This workspace saves in the current browser. Export JSON before clearing browser storage or moving the report to another device. PDF uses visual system-font rendering so names and notes keep their Unicode characters; use CSV or Excel when selectable table text matters.

Saved In This Browser

Cost Report Definitions

Committed Unpaid: Approved obligations that have not reached actual paid.
Estimate To Complete (ETC): Future cost excluding actual paid and committed unpaid amounts.
Estimated Final Cost (EFC): Actual paid plus committed unpaid plus ETC.
Variance: Current budget minus EFC. Positive is under budget; negative is over budget.

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What Is the Film & Video Production Budget & Cost Report?

The Film & Video Production Budget & Cost Report is a private production-accounting worksheet for original and current budgets, actual paid costs, open commitments, estimated cost to complete, estimated final cost and variance. Cost codes, phases, departments, fringes, contingency, advances and report-period notes remain visible so a line producer, production manager, executive producer or production accountant can audit how each total was formed.

How It Works

Set the reporting period and currency, then enter one row per production cost code. Preserve the original baseline, update the working budget, reconcile actuals and commitments, and enter a realistic estimate to complete. Review department and phase rollups, explain material variances, then save a local backup or export PDF, CSV or XLSX.

When to Use It

Use it for independent films, documentaries, commercials, branded work, episodic shoots and other productions that need a transparent planning budget or working cumulative cost-control report. It does not retain period snapshots or calculate change in variance, and it is not payroll, union, tax, exchange-rate or accounting software; verify every fringe, labor rule, currency treatment and final report with the responsible production professionals.

Frequently Asked Questions

What Is The Difference Between ETC And EFC?: ETC is the remaining estimated cost to complete a line. EFC is the estimated final cost after combining recorded actuals, open commitments and the remaining estimate under the worksheet's stated method.
Does It Replace Movie Budgeting Or Production Accounting Software?: No. It is a focused local worksheet and durable export path for planning, review and smaller productions. Multiuser approvals, payroll feeds, purchase-order systems and audited accounting remain outside its scope.

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Order

Cost Code

Phase

Department

Description

Original Budget

Current Budget

Committed Unpaid

Actual Paid

ETC

EFC

Variance

Variance Note

Remove

$18,750

$1,250

$42,500

$2,500

$29,500

-$2,000

$92,800

-$800

$59,500

$1,500

$30,500

$500

$57,500

-$3,500

$105,000

-$3,000

$38,500

-$500

$39,000

-$3,000

$42,500

$2,500

$31,500

-$1,500

Ledger Total · 12 Cost Lines

$553,000

$581,500

$157,000

$245,050

$185,500

$587,550

-$6,050

Department

Lines

Current Budget

Actual Paid

Committed

ETC

EFC

Variance

Camera

$92,000

$41,800

$26,000

$25,000

$92,800

-$800

Development

$20,000

$14,250

$1,500

$3,000

$18,750

$1,250

Editorial

$102,000

$38,000

$36,000

$31,000

$105,000

-$3,000

Finishing

$36,000

$3,000

$12,000

$24,000

$39,000

-$3,000

Grip & Electric

$61,000

$30,500

$17,000

$12,000

$59,500

$1,500

Impact

$45,000

$7,500

$6,000

$29,000

$42,500

$2,500

Insurance & Legal

$30,000

$18,500

$5,000

$8,000

$31,500

-$1,500

Locations

$27,500

$12,000

$9,500

$8,000

$29,500

-$2,000

Production Office

$45,000

$28,500

$4,000

$10,000

$42,500

$2,500

Sound

$31,000

$16,000

$7,500

$7,000

$30,500

$500

Sound Post

$38,000

$4,000

$18,500

$16,000

$38,500

-$500

Travel

$54,000

$31,000

$14,000

$12,500

$57,500

-$3,500

Cost Report Definitions

Committed Unpaid

Approved obligations that have not reached actual paid.

Estimate To Complete (ETC)

Future cost excluding actual paid and committed unpaid amounts.

Estimated Final Cost (EFC)

Actual paid plus committed unpaid plus ETC.

Variance

Current budget minus EFC. Positive is under budget; negative is over budget.