Other People Are Reading
Types of Interim Budgets
Interim budgets might project the total financial picture of a business or one area of the company, or it might focus only on expenses. A comprehensive interim budget, such as a three-month budget, would include all or most of the company’s expected revenue and expenses. This budget type might only include operating expenses and income, not categories such as investment income or annual income taxes. It might be used to control a department’s spending and contain only expenses. For example, a marketing department might be given $50,000 to spend for the next 60 days until the company can gauge marketplace reaction to a new product line or while the company waits to hire a new marketing director.
Examples of Interim Budgets
- Photo Credit Alliance/iStock/Getty Images
More Like This
How to Move on a Low-Income Budget
What Are the Benefits of a Budget Surplus?
Budgeting and Forecasting Processes
You May Also Like
Investors make money in the stock market in a variety of ways. Stock prices can rise, yielding larger assets for a portfolio.
With the federal debt at historical highs, many politicians, economists, investors and Americans are worried about the country's financial health. Obviously the.
A program budget is a budget designed
for a specific activity or program. This budget includes only revenue and expenses for a.
It is important to learn how to make a budget -- your financial success depends on it. Get into the habit of.
Whether you're fighting fires, running a factory, developing a curriculum or coaching a sports team, you periodically assess how close you are.
Baptist Interim Pastor Duties. When a Baptist church needs temporary leadership, an interim pastor takes on that job. This need usually occurs.
Debits are transactions that involve the deduction of funds from your checking account. Funds are immediately held in your account when you.
Office procedures set the standard for how a staff works together in the office. Often, it is a set of rules or.
Financial statements are a summary of all of a company's financial activity in a given period. They are used to determine how.
The term "interim payment" has numerous applications across different industries. The bottom line, however, is that it is a payment made between.
An informal budget circumvents the convention, calculations and approval processes of a traditional budget. In personal finance the term is often used.
Collecting all costs associated with finishing a project is the budget process. The Project Management Institute says that "aggregating the estimated costs.
Budget planning is the process by which a company or individuals evaluate their earnings and expenses and project their monetary intakes and.
View Blog Post