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What is Budget Statement? Definition, Types & Benefits

Budget Statement

Budget is an estimate of revenues and expenses predefined for a specified period. It reflects company’s future financial conditions and helps to achieve financial goals.

Filed Under: Accounting Glossary

Download Corporate Salary Slip Excel Template

Salary Slip Template

We have created a Salary Slip template with predefined formulas. It automatically calculates the Gross earnings and deductions. You just need to enter a small amount of data and our salary slip is ready in a few minutes. This template can be useful for HR professionals, HR executives, Administrative staff, etc. This template is available in 4 file formats – Excel, Google Sheets, Open Office Calc, and Apple Numbers. Click on the button below to download the desired format.

Filed Under: HR Templates

What is Cost Sheet?

Cost Sheet

The bifurcation of total cost presented in the form of a statement is called a Cost Sheet.

Filed Under: Accounting Glossary

What is COGS?

COGS

the amount of money spent by a company on its labor, materials, and overheads to manufacture/purchase products of the goods that are sold to customers during the year.

Filed Under: Accounting Glossary

What is Cash Flow Statement?

Cash Flow Statement

Cash Flow Statement or Statement of Cash Flow is a Financial Statement, which shows the flow of cash in and out of an organization.

Filed Under: Accounting Glossary

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