An operating budget is always a detailed one. Persons in charge of its preparation do invest a lot of time to ensure accuracy and consistency of financial information provided. An operating budget template is different from a capital budget one in that it helps a business person to plan their annual revenues and expenses in a given year. The first step is to prepare a sales budget. Sales budget is a section of the general Budget Templates, which focuses entirely on activities that generate profits back to the business.
Secondly, prepare a cost budget. The section deals with all the expenses that the business will incur in a given year. Now use the free template to calculate the operating by finding the difference between sales and the cost budget.
If you have any DMCA issues on this post, please contact us!