A Managing Financial Principles and Techniques

Managing Financial Principles and
Techniques - 2 ( Master Budgets )

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Cash Budget ................................................................................................................................2
Trade payables budget ................................................................................................................2
Trade receivables budget ............................................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Budget refers to the estimation of expenses and the revenues over the particular period
and are been re-evaluated on the periodic basis. It is been utilized by the government, individual
and the corporates for making the budgeted evaluation and performing the task in accordance to
it so that deviation can be eliminated. Budget is called as the financial plan for the defined period
that is one year. It helps the firm in enhancing its success and in achieving their goals effectively
and efficiently. The present study is based on Contex Limited which is been starting a new
manufacturing business. Furthermore, the report includes evaluation of various budgets that are
cash, receivable and payables estimations that are been made as per the sales units, cost of raw
material, selling and cash raised.
1