All Industries, Financial Model, General Excel Financial Models

Budget, Budgeting, Cash Flow Projections, Cost Calculation, Cost Projections, Excel, Financial Analysis, Financial Projections, Forecast, Forecasting, Human Resources (HR)

Travel expenses make up an important and material part of a company’s budget. This template built on the highest professional financial modeling standards will help you calculate future travel expenses.

The calculations include:

– An intuitive and convenient input section. You just need to enter destination name, costs of tickets per trip, accommodation, meal, taxi, out-of-pocket expense allowance, and planned numbers of trips to every destination by month
– A summary grouping the costs by type (fares, accommodation, meals, etc.)
– A summary grouping the costs by destination
– Additional travel statistics (total number of trips, total days traveled, number of destinations traveled to).

The budget is made on a monthly basis but there is a separate section grouping the numbers by years.

The template is very flexible and can be adjusted to your requirements quickly:

– You can change the total period covered by the budget (currently three years) and the interval (currently one month).
– You can add as many destinations as needed. You can also include the same destination several times depending on the class of travel.
– You can also include other relevant types of travel expenses

The template can be used on a stand-alone basis (to make just a travel budget) or as part of a larger budgeting package. It can also be incorporated into investment analysis models.

The template is accompanied by a text guide with detailed explanations.

File Types:

1 ) Excel Template – .xlsx
2) PDF Guide – .pdf