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Work At Home Free Classifieds => Post Your Products & Services Here => Topic started by: global on January 02, 2013, 06:41:22 AM
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Different types of budget that we expertise in:
MASTER BUDGET: The overall budget of the organization can be rightly said to be the master budget of the business. It comprises of all other budgets. It is very beneficial for the top management as the whole situation of the organization can be easily known by having a glance over the master budget.
FINANCIAL BUDGET: Finance is said to be the nucleus of any business without which no organization can grow. Finding the exact time when is the money needed is most important necessity. The budget is made to forecast the cash and capital requirements for different projects. Moreover the various sources of finance available are also compared in order to find out the most economical source available with the organization.
SALES BUDGET: The budget is made to forecast sales in terms of units sold and value of goods sold. This budget acts as a base for making production budget. If we are aware of our sales position we can easily concentrate on other major fields like marketing those products and the financing requirements needed at regular intervals of time.
PRODUCTION BUDGET: The budget is made on the basis of sales budget and forecasts the number of units to be produced in coming months and how will production schedule be adjusted to meet the sales target. Many other requirements like that of labor, raw material etc is dependent upon the production budget.
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You have shared really a very nice information about the financial budget types. Each and every types business has need to decide the right budget for managing it and achieve the financial profit goal very easy and better way.
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