Budget Plan.xls

© Copyright, 2010, Jaxworks, All Rights Reserved.

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BUSINESS BUDGETMonth/Year: Apr-23

SUMMARY ACTUAL BUDGETED OVER BUDGET UNDER BUDGET

Total income 1,432,500.00 1,318,080.00 114,420.00

Total expenses 339,760.00 314,910.00 24,850.00

Income less expenses: 1,092,740.00 1,003,170.00 89,570.00

INCOME DETAILS ACTUAL BUDGETED OVER BUDGET UNDER BUDGET NOTES

Sales 1,400,000.00 1,200,000.00 200,000.00 Increase advertising next year.

Interest earned 5,000.00 4,500.00 500.00

Fees 1,000.00 980.00 20.00

Commissions 10,000.00 98,000.00 -88,000.00

Rent 9,000.00 8,000.00 1,000.00

Royalties 2,500.00 2,600.00 -100.00

Other 5,000.00 4,000.00 1,000.00

Total income: 1,432,500.00 1,318,080.00 114,420.00

EXPENSE DETAILS ACTUAL BUDGETED OVER BUDGET UNDER BUDGET NOTES

SELLING

Salaries and wages 246,000.00 248,000.00 -2,000.00

Commissions 10,000.00 12,000.00 -2,000.00

Advertising 6,000.00 8,000.00 -2,000.00 Increase Here 3%.

Delivery 0.00 0.00

Shipping 0.00 0.00

Travel 4,600.00 5,600.00 -1,000.00

Other 1,000.00 1,200.00 -200.00

Total sales expenses: 267,600.00 274,800.00 -7,200.00

Percent of total: 78.76% 87.26%

ADMINISTRATIVE

Salaries and wages 12,000.00 10,000.00 2,000.00

Employee benefits 5,000.00 6,000.00 -1,000.00

Payroll taxes 500.00 500.00

Insurance 14,000.00 14,000.00

Loans 6,000.00 5,000.00 1,000.00

Office supplies 4,000.00 4,100.00 -100.00

Travel & entertainment 200.00 190.00 10.00

Postage 300.00 320.00 -20.00

Furnishings 0.00 0.00

Contributions 0.00 0.00

Dues 0.00 0.00

Other 0.00 0.00

Total admin. expenses: 42,000.00 40,110.00 1,890.00

Percent of total: 12.36% 12.74%

SERVICE & EQUIPMENT

Accounting 1,200.00 1,500.00 -300.00

Legal 5,000.00 6,000.00 -1,000.00

Utilities 15,000.00 15,789.00 -789.00 Too high.

Telephone 5,000.00 4,800.00 200.00

Equipment purchases 3,400.00 3,000.00 400.00

Rent & maintenance 560.00 600.00 -40.00

Other 0.00 0.00

Total S&E expenses: 30,160.00 31,689.00 -1,529.00

Percent of total: 0.09 0.10

D3

Be sure to save a copy of this workbook.


1 20.00

400,000.00

800,000.00

1,200,000.00

1,600,000.00

2,000,000.00

Income and ExpensesBudget Versus Actual

Expense Income


Salaries

Bene-fits

Pay-roll

In-suran

ce

Loans

Supplies

Travel

Postage

Furnish

Con-trib-ute

Dues Other0.00

2,000.004,000.006,000.008,000.00

10,000.0012,000.0014,000.0016,000.00

Administrative Expenses

Actual Budgeted


Account-ing

Legal Utilities Tele-phone

Equipment

Rentals Other0.00

2,000.004,000.006,000.008,000.00

10,000.0012,000.0014,000.0016,000.0018,000.00

Services Expenses

Actual Budgeted


Sales Interest Fees Com-missions

Rent Royalties Other0.00

200,000.00400,000.00600,000.00800,000.00

1,000,000.001,200,000.001,400,000.001,600,000.00

Income Details

Actual Income Estimated Income


Salaries Com-missions

Advertis-ing

Delivery Shipping Travel Other0.00

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

300,000.00

Selling Expense Details

Actual Budgeted

Documents

Budget Plan.xls