I am not sure that I clearly understand what do you mean when you say “baseline report”.
When you create a baseline, you create a snapshot of task dates. When you change task date afterwards, the baseline dates and actual dates are shown next to each other. If some task completes later than its baseline copy, the baseline is shown in red, if the actual end date of some task is earlier than its baseline copy, the baseline is shown in green. That’s it.
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