The key to your entire budgeting process as it predicts sales. Add Revenue by sales person, product, region etc

• predicts dollars of sales
• is the first schedule prepared because many other schedules are dependent on it
• shows expected sales and units of production
• typically expressed in both dollars and units of product
• uses expected selling price to extend unit sales to revenues
• is often started by individual sales persons or managers predicting sales in their own segment for the next period of time
• an aggregate sales budget is influenced by economic conditions, pricing decisions, competition, marketing programs, etc.
  

Easily add ongoing costs for running your business.

Expenses include : accounting expenses, licensing, maintenance and repairs, advertising, office expenses, supplies, attorney fees and legal fees, utilities such as telephone, insurance, property management, property taxes, travel and vehicle expenses, etc

Utilize rolling forecasts to update your budgets regulary.

Anticipates selling expenses from the Sales and Purchasing Budgets .

• may include the budgets of various individuals or groups involved in selling
• selling expenses portion contains both variable (shipping costs, sales commission etc) and fixed (advertising and sales salaries etc) item

Projects the quantity of goods to be purchased for the designated budget period. Use it to propose how much you will manufacture (or buy from suppliers) so that you can compensate for the demand (identified on your sales budget.

• projects the quantity of goods to be purchased for the designated budget period
• follows the basic format of the cost of goods sold section of the income statement
• will be used to propose how much you will manufacture (or buy from suppliers) so that you can compensate for the demand (identified on your sales budget)
• quantity of merchandise/materials on hand at the beginning of the budget period must be known
• use particular exchange rate as an assumption. This can be set in the settings and when it changes, option to change all the budgets that apply - (some sort of selection criteria)

Management of cash is crucial to meeting debt obligations as they come due without having excess cash idle. Optimize your cash balances i.e have enough cash to meet liquidity needs and not having so much cash that profitability is sacrificed.

Illustrates your company's projected sales, costs, expenses and net income or net loss. Its based on Sales, Purchases, Cost of Sales and Expense Budgets and is used to project net income or loss and is able to project income tax.

Puts rich, slice and dice power in your hands so you gain insight and understanding needed to make optimal business decisions. Explore budgets by drilling into and cross-tabulating them and view budget data multi-dimensionally.