Capital Expenditure Budget, Operational Expenditure Budget and Sales Forecast/Expense Budget
Check Budget is designed to manage Capital Expenditure Budgets (CAPEX), Operational Expenditure Budgets (OPEX) and Sales Forecast/Expense Budgets.
The CAPEX budget can be split into multiple projects to:
A) Control purchasing &
B) Link orders to the budget
The OPEX budget is linked to Forecast and Revenue Planning to enhance the overall yield management strategy of the business. Essentially, it closely monitors expenditure.
The Sales Forecast/Expense budget is designed to track and monitor projected turnover.
Budget can then be utilised to project theoretical profit and loss.