Definition of Budgeting

Definition:

The detailed planning for the allocation of funds in a business. Sometimes referred to as the financial picture of the business. How the business plans to spend its financial resources.

Related Terms:

Accounting
Bookkeeping
Financial Management

Related Information:

Budgeting Systems
Financial Management
Human Resources
Leadership

Related Books:

Accounting and Finance for Your Small Business
Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business
More Books about Financially Managing a Small Business

 

 

 

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