Archive | Budgeting

Budget Types: Types of Budgets in Accounting

The following points highlight the types of budgets used in accounting. The types are: 1. Sales Budget 2. Production Budget 3. Materials Budget 4. Labour Budget 5. Overhead Budget 6. Research and Development Budget 7. Capital Expenditure Budget 8. Cash Budget 9. Master Budget 10. Flexible Budget. Type # 1. Sales Budget: In the budgeting process, sales is a starting [...]

By |2018-06-18T11:02:00+00:00June 18, 2018|Budgeting|Comments Off on Budget Types: Types of Budgets in Accounting
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Budgeting: Meaning, Nature, Purposes, Types and Zero-Based Budgeting

In this article we will discuss about:- 1. Meaning of Budgeting 2. Nature of Budget 3. Process 4. Purposes 5. Essentials 6. Master Budget 7. Flexible Budget 8. Research and Development Budget 9. Capital Expenditure Budget 10. Cash Budget  11. Budgeted Balance Sheet 12. Human Resource Budget 13. Administering the Budget 14. Revision of Budget and Other Details. Contents:  Meaning [...]

By |2018-05-16T07:31:18+00:00May 16, 2018|Budgeting|Comments Off on Budgeting: Meaning, Nature, Purposes, Types and Zero-Based Budgeting
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