Yearly Flexible Budget

Budget template in Microsoft Excel.

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How financial analysts use technical and marketing information to forecast the budget.

This budget aims to coordinate between the goals and capabilities in the future in light of the goals and capabilities of the present and on the basis of the experiences and experiences gained from the past. Thus, this budget is used as a planning tool only.

Sales budget:
The sales budget is considered one of the most important budgets because any mistake in it will affect the accuracy of other budgets, for example, inflating sales by 10% will increase production as well as increase the number of production units. This budget is considered one of the most difficult budgets because the management has no authority or control over the market and customers.

Productions budget:
Preparing the production budget is the second step after preparing the sales budget. It depends on it closely, and the quantity expected to be produced is determined using the following formula :
Production units = sales + ending inventory – beginning inventory.
According to this equation, we find that the goal of production is to meet the need of sales and the formation of the stock of the last inventory period, but you do not need all this quantity because of the existence of the stock of the goods at the beginning of the period.

Purchasing budget

Direct wedges budget

Marketing and sales budget

Overhead budget

Cash Budget
This budget aims to determine the cash balance, and this gives the management information about the cash situation, which enables it to invest the money that is surplus to need and to procure the money well before its need.

This model template comes as a PREMIUM version in .xlsx file type which can be opened using MS Excel.

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