Manage Budgets, Project Costs & Financial Plans

MANAGE BUDGETS,
PROJECT COSTS &
FINANCIAL PLANS

TABLE OF CONTENTS
TABLE OF CONTENTS................................................................................................................2
PART D...........................................................................................................................................1
PRACTICAL BUDGET APPLICATION.......................................................................................1
1. Budget showing income for the period....................................................................................1
2. Budget showing expenses for the period.................................................................................1
PART E............................................................................................................................................3
BUDGETED PROFIT & LOSS......................................................................................................3
1...................................................................................................................................................3
2...................................................................................................................................................4
3...................................................................................................................................................4
4...................................................................................................................................................4
5...................................................................................................................................................4
6...................................................................................................................................................4
7...................................................................................................................................................4
CAPITAL BUDGETING................................................................................................................5
8...................................................................................................................................................5
9...................................................................................................................................................5
BUDGET VARIANCE REPORT...................................................................................................5
10.................................................................................................................................................5
11.................................................................................................................................................5
12.................................................................................................................................................5
13.................................................................................................................................................6
REFERENCES................................................................................................................................7
APPENDICES.................................................................................................................................8
1st Criteria.....................................................................................................................................8
2nd Criteria....................................................................................................................................8
3rd Criteria....................................................................................................................................9

PART D
PRACTICAL BUDGET APPLICATION
1. Budget showing income for the period
Particula
rs
Jan
uar
y
Feb
ruar
y
Ma
rch
Ap
ril
Ma
y
Ju
ne
Jul
y
Au
gus
t
Sept
emb
er
Oct
obe
r
Nove
mbe
r
Dece
mbe
r
Tot
al
Cash
inflows
Opening
cash
inflow
500
0
500
0
611
6
734
8.5
6
869
8.1
8
101
65.
3
117
50.
3
132
53.
4
1487
5
166
15.
1
1847
3.7
2045
0.9
137
746
Sales
revenue
100
00
102
00
104
04
106
12
108
24
110
41
112
61.
6
114
86.
9
1171
7
119
51
1219
0
1243
4
134
121
Service
Revenues
400
0
408
0
416
1.6
424
4.8
3
432
9.7
3
441
6.3
2
450
4.6
5
459
4.7
4
4686
.64
478
0.3
7
4875
.98
4973
.5
536
48.
4
Other
income
200
0
200
0
200
0
200
0
200
0
200
0
200
0
200
0
2000 200
0
2000 2000 240
00
Total
cash
inflows
210
00
212
80
226
81.
6
242
05.
5
258
52.
2
276
22.
4
295
16.
6
313
35
3327
8.2
353
46.
4
3753
9.6
3985
8.2
349
516
2. Budget showing expenses for the period
Cash
outflo
ws
Jan
uar
y
Febr
uary
Ma
rch
Ap
ril
Ma
y
Jun
e
Jul
y
Au
gus
t
Septe
mber
Oct
obe
r
Nove
mber
Dece
mbe
r
Tot
al
Materia
l
250
0
1530 15
60.
159
1.8
162
3.6
165
6.1
168
9.2
172
3.0
1757. 179 1828. 1865 211
18.
1