This spreadsheet provides a template for planning the expenses and forecasting the revenues of a company over a 12 months period. A company may consist of several divisions or departments, thus this spreadsheet supports the planning and forecasting of up to 5 different departments.
With input values provided by the different departments, a budget will be generated and will be used to compare with the actual revenues and expenses subsequently. The differences between the estimated values in the budget and the actual values can be calculated to help identify the discrepancies quickly and easily.
The different departmental budgets will also be consolidated into a master budget to provide an overall view of the company. This enables the different stakeholders of the company to understand the business via a common platform. Overhead expenses in cost centres can also be allocated to the different departments.
The spreadsheet assumes no accounting knowledge and guides you through the steps in successfully creating a departmental and consolidated budget.
Benefits
Unlocked
Allows removal of copyright message in the template
Allows commercial use within the company
Allows full customization of the model
