Sales Budget Business Dictionary: Sales Budget Home > Library > Business & Finance > Business Dictionary ...
Sales budget - Is a budget of the expected sales in both dollars and units. Sales discount - A cash given by the seller to the purchaser for early payment of the account due.
Sales Budget A diagram of a sales budget for the Hayes Company appears in Illustration 24-3 on page 1040. This sales budget shows the anticipated sales in units per quarter, and for the year.
SALES BUDGET The budgeting process usually begins with a sales budget. The sales budget reflects forecasted sales volume and is influenced by previous sales patterns, current and expected economic conditions, activities of competitors, and so forth.
Examples of budgets used in business include the cash budget, sales budget, production budget, department budgets, the master budget, and the capital expenditures budget.
A detailed schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget. Definition 2. An estimation of an organization's revenue and expenses over a specified period of time.
Budget definition : A detailed pro forma schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget. Want tight spreads? FTSE, DAX, EUR-USD 1pt and WALL St, GBP-USD, 2pts ...
Budget A detailed schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget.
Functional budgets frequently include the following: production cost budget (based on a forecast of production and plant utilization); marketing cost budget; sales budget; personnel budget; purchasing budget; and research and development budget.
Budgets could be distinguished on the basis of time span, function and flexibility. For instance, budgets may be short-term or long-term; similarly, there are Sales Budgets, Cash Budgets, ...
See also: Expense, Banks, Capital budget, Bills, Constraint
 
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