In: Accounting
example of budgetary planning in excel
There are many types of Budgets that were planned in order to estimate the future requirements and improve the future revenues. For each category, a separate budget is prepared. For example, to estimate the future sales, a Sales Budget is prepared. Similarly, Cash budget, operating expenses budget, capital expenses budget and many more.
The combination of multiple budgets are called Master Budget which includes all the budgets.
These budgets are prepared for different periods like monthly budgets, quarterly budgets, half yearly budgets and annual budgets but the format of the budget remains same as only the period considered is differs.
The following are the few examples of budgets that were shown in a excel as requested.