Forecasting

Forecast the Purchase Budget

BUDGET 3  - DEVELOPING YOUR PURCHASE BUDGET

After the Sales Budget has been developed, the next step is to "Develop Your Purchase Budget". The Purchase Budget determines the number of units or products you will need to purchase each month, how much these purchases will cost you each month, when these purchase will be paid, and how much you will owe your supplier at the end of each forecasted business year (IE year end).

Categories: Forecasting

Examples of Long-term Liabilities

Long-term Liabilities

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Cash Flow Statement - Example 2

Murray Wilson's 200Y Forecasted Cash Flow Statement:

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Example of Call Centre Expenses

Message Center Expense - from Operating Expense Budget

Murray plans to use the services of a message center (often referred to as a call center). Moreover, when customers see Murray's advertisement, they will be prompted to call a 1-800 number for additional product information. All "customer calls" will be received by the message center. Moreover, the purpose of the message center is to sell callers Murray's product.

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Example of Newspaper Ad Expense

Newspaper Advertising Expense - from Operating Expense Budget

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Ending Inventory Budget - Part 2

PART 2  -  The Ending Inventory Budget for a Manufacturer

The following formula is used to develop a Manufacturer's Ending Inventory Budget.

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How to Calculate Ending Inventory

BUDGET 6  - DEVELOPING YOUR ENDING INVENTORY BUDGET

After the Purchase Budget, the Direct Manufacturing Labor Budget, and the Manufacturing Factory Overhead Budget have been Developed, the next step is to "Develop Your Ending Inventory Budget".

Categories: Forecasting

Creating Notes for Financial Statements and Forecast

Creating the Notes to Your Forecasted Financial Statements:

After completing your Financial Budgets (step 1) and all your Forecasted Statements & Analysis (steps 2 through step 7) for each forecasted business year, your final step involves creating Notes to the Forecasted Financial Statements.

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How to Calculate Interest Expense

BUDGET 13  -  DEVELOPING YOUR INTEREST EXPENSE BUDGET

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Creating a Cash Flow Statement and Forecast

CREATING YOUR FORECASTED CASH FLOW STATEMENTS

After you complete the fourteen (14) Financial Budgets (STEP 1), the next step in the forecasting process is to create your First Year "Forecasted Cash Flow Statement".

Categories: Forecasting
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