master budget

master budget

a summary budgeted PROFIT-AND-LOSS ACCOUNT and budgeted BALANCE SHEET, incorporating the component functional budgets (sales, production, distribution etc.) as approved and employed by a firm's managers. See BUDGET, BUDGETING.
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While the old system was meeting their budgeting needs, the process was time consuming and labour-intensive since the core finance team spent a great amount of time collecting input from business units, verifying data and validating accuracy before they could manually input them into the master budget excel spreadsheet to generate a budget version.
develop and maintain a master budget that allows for project and program budgets and accounting.
It covers setting up a production company, pre-production, development/marketing, high definition, a master budget line by line, and sample budgets for specific projects.
Film and Video Budgets 6" goes through a 14-page Master Budget template line-by-line with an explanation for every line item in any budget.
The master budget database we have been working on has c+ome a long way since we first began in August 2010.
The Transport Ministry's report suggests that funding for the state master budget program 'State Highway Fund' must not be smaller than the projected budget revenue from the vehicle operation tax for a given year, or form the following minimum percentages of budget revenue from the excise tax on oil products: 20 percent in 2013, 30 percent in 2014, 40 percent in 2015, 50 percent in 2016, 60 percent in 2017, 70 percent in 2018, 80 percent in 2019 and subsequent years.
The minister briefed his guests on Tunisia's financial policies, stressing the country's keenness to preserve the financial balances, master budget deficit and reduce volume of public debt.
The company will work closely with MSG staff to develop and manage the overall strategic plan, master budget and schedule, and assemble the professional team that will carry out the work.
The master budget for a business consists of a projected income statement (sometimes called a profit plan), a statement of projected cash needs (a cash budget), and a projected balance sheet.
For example, students work in teams of two or three to complete master budget spreadsheets that assume [ET.
In 2014 we will pickup where we left off with our Master Budget Project.
The prime minister admitted that the majority of spending cuts in the next budget will have to be made from the master budget, and not through cuts in social spending.

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