Why should you use a budget analysis templates? A budget analysis templates free should use as creating a budget analysis right from. The start either in Excel or in Word and then convert the same to PDF or a powerpoint presentation is a lot of hard work and a very time consuming as well as a laborious job? Therefore, solutions which are available in budget planner templates and which doesn’t expect you to reinvent the wheel are worthy to consider.
Components of the budget analysis worksheet, The components of the budget analysis worksheet are :
- The fixed as well as long-term assets such as the equipment, rental and other deposits which are long term, the long-term assets etc.
- The current assets such as the stock, the account receivables and the cash in hand or in the bank, the other kinds of current assets
- The current liabilities including the tax payable and the account payable
- The operating fund
- The total net assets which are available
- The source of capital such as share capital
- The profit or the loss of the company
- The loans
- The main ratios which looked at such as :
- The days of stock turnover
- The turnover in days of the account receivables
- The turnover in days of the account payables
- The liquidity ratio
The use of the budget templates, The uses of the budget analysis templates is to help you to keep track of the spending and where the money is going or how it is being used. It helps to find the variance between the actual and the budgeted amount and to see how the income or cash flow into the business can maximize or how the cash outflow can be minimized thus keeping the business Excel budget templates profitable at all times or at least cutting the losses.