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Budgeting Control Example

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Need help in creating a weekly excel spreadsheet in order to control the weekly budget .
Here are the breakdowns:

Monthly Payroll: 4200 ( or 1050 per week)
Monthly Rent: 4200 ( or 1050 per week)

Need Weekly Net sales : 20% of the sales

Need a rough estimate so to control the budget on a weekly basis.

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Solution Summary

Budget includes the cost and expenses, sales volume and income, assets and liabilities, resources quantities and cash flows. As control is one of the important function of management and is must for effective management of an organization; it is important for the company make an effective budgetary control chart. This response provides an example how to make budgetary control plan with the given data.

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