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Preparation of Cash Budget

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Icon Mini Profile priyaradha





Joined: 02 Jun 2009

Posts: 1

1.31 Dollars($)
Post Posted: Tue Jun 02, 2009 5:42 pm    Post subject: Preparation of Cash Budget
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Cash Balance Nov.1 2007 $12,000
Sales $120,000
Gross profit % (based on sales) 45%
Decrease in Acc.Receivable during month $12,000
Increase in Accounts Payable $51,000
Increase in Inventories during month $90,000
Selling Exp. $32,000 per month plus 15% of sales.Depreciation exp. of $5,000 per month.
I am confused on how to input these details in the Cash Budget.
Icon Mini Profile Realgeni





Joined: 13 Apr 2009

Posts: 1434

99.76 Dollars($)
Post Posted: Tue Jun 02, 2009 7:22 pm    Post subject:
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Pryanradha,

Welcome to the forum.

probably you will need some software like quicken or microsoft money. Quicken offers a free online budgetign tool. Tyr it out

Realgeni
-Good credit is easy to achieve, as logn as you use it responsibly.
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 4770
Location: New Jersey
499.28 Dollars($)
Post Posted: Wed Jun 03, 2009 1:42 am    Post subject:
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Hi priyaradha

In my opinion, you would require the help of a financial adviser in order to put these details in the cash budget. Consult a financial adviser. He is the best person to help you.

Thanks.

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