The Budget is the fundamental tool for planning and control function and is essential for the implementation of the feedback mechanism. It has a double meaning: formal document and process of motivation and empowerment.
The Budget aims to highlight the economic net income the following year, calculating the number of intermediate stages: the gross margin contribution, operating profit, income before taxes.
The Financial Budget (or statement of cash flow estimates) has for objective to verify the financial feasibility of the exercise programs and obtain information about the quality of financial structure, cost of capital, identify alternatives and allocate the surplus.
Associated software: :
Sextante® ,
Easy BPlan