2018/19BudgetBudgets 2018/19New Financial Year

Budgets 2018/19

A new financial year is about to start.  Now is a great time for you to be planning the development of budgets for your business or organisation for the next 12 months.   Some businesses take their key team members away from the office for a few days to plan the next 12-months activities.

Key issues for consideration in the preparation of a budget include:

  • production targets
  • labour budget including individual productivity forecasts
  • stock/inventory budget for the control of purchases of goods
  • work in progress budget for the control of work activities being conducted within the business
  • direct material purchases budget – for the recording of items being purchased for the benefit of a customer
  • overhead budget
  • sales budget

If you would like our assistance in the preparation of a budget for your business or organisation, please do not hesitate to contact us.


An Important Message

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.  Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.