Prepared by: Jane Eyre
2021
The annual budget report helps you document and record your financial data throughout the year. We recommend updating this on a quarterly basis to get a regular overview of how your company's finances are doing and to make it easier to complete at the end of the year. Loop your team in to edit. Share the link so your managers and key external stakeholders are always updated.
$1,080,000
$1,060,000
$47,000
$350,000 (+1.6%)
70% Sales
14% Marketing
15% Admin
1% Other
Income Details | Q1 | Q2 | Q3 | Q4 | Actual Revenue | Budgeted Revenue | Difference |
|---|---|---|---|---|---|---|---|
Operating Revenue | $235,000 | $260,000 | $275,000 | $290,000 | $1,060,000 | $1,062,000 | $2,000 |
Other | $5,000 | $5,000 | $5,000 | $5,000 | $20,000 | $16,000 | $4,000 |
INCOME TOTAL | $1,080,000 | $1,078,000 | + $2,000 |
Expense Details | Q1 | Q2 | Q3 | Q4 | Actual Expenses | Budgeted Expenses | Difference |
|---|---|---|---|---|---|---|---|
COGS | $61,000 | $61,000 | $61,000 | $63,000 | $250,000 | $245,000 | $5,000 |
Sales | $75,000 | $75,000 | $75,000 | $75,000 | $300,000 | $300,000 | |
| Marketing | $13,500 | $15,000 | $15,000 | $16,500 | $60,000 | $63,000 | $3,000 |
General & Admin | $16,500 | $16,500 | $17,000 | $18,000 | $68,000 | $65,000 | $3,000 |
Other | $1,200 | $1,300 | $1,200 | $1,300 | $5,000 | $5,000 | |
EXPENSE TOTAL | $683,000 | $678,000 | -$5,000 |
Actual Total | Budgeted Total | Difference | |
|---|---|---|---|
Income Total | $1,080,000 | $1,078,000 | $2,000 |
Expense Total | $683,000 | $678,000 | $5,000 |
| Interest & Taxes | $47,000 | $50,000 | $3,000 |
NET PROFIT | $350,000 | $350,000 |
Give credit to employees, partners, clients and investors here. Tell them how much their support and dedication has helped your company reach this year's goals. Questions? Comments? Concerns? Feel free to email us at info@company.com.
