consuntivo

Consuntivo is an Italian term used in accounting and public administration to denote the actual results of a period, project, or activity, as opposed to forecasts or budgets. The word derives from the Latin root associated with a final tally or computation, conveying the idea of what has actually happened rather than what was planned.

In public administration, the bilancio consuntivo, or final accounts, summarizes actual revenues and expenditures for a fiscal year and compares them with the bilancio di previsione (forecast budget). It is normally prepared by the executive and presented to the legislature, which may approve it, request revisions, or use it to assess performance, accountability, and financial sustainability. Variances between planned and actual figures are analyzed to inform policy decisions and future budgeting.

In construction and contracting, consuntivo refers to the final accounting of a project, detailing actual quantities, costs, and payments. The consuntivo determines the final price, accounting for variations, changes in scope, delays, or unforeseen conditions, and is essential for settling accounts with contractors and suppliers.

In corporate and project management, a consuntivo document records the actual results of a project or period—costs, revenues, and performance indicators—to enable variance analysis, risk assessment, and improved budgeting for the future. The term is widely used in Italy and other Italian-speaking contexts, and is related to concepts such as actuals, final accounting, and budget execution.