Let us focus on the concept of budgeting the activities of a commercial enterprise.
The principle of minimizing forms to fill out
When drafting a document, it is necessary to avoid excessive detail. The emphasis is placed only on truly important and significant positions. The manager responsible for this work must operate exclusively with the necessary indicators.
When analyzing the financial germany email list plan of one company, it was discovered that with 7 columns, a maximum of 3 of them were filled in. And in addition, there was no column that usually displays extremely important information about the specific weight of each of the expense items. The excessive precision of the numbers caused inconvenience when reading. The entry contained 3 digits after the decimal point, although the amounts were presented in thousands of rubles.
Important! When planning the budgeting of the enterprise, the employee should concentrate only on the information expected from his work.
Laconicism with the required level of information content
Sometimes, in the planning departments of some companies, budgets are drawn up that take up several pages. Due to the abundance of information, such documents are extremely inconvenient in practical activities. Often, only the authors can understand them. The desire to put all the information into a financial plan leads to a clear decrease in its effectiveness and usefulness. Perception requires a lot of time and effort.
Principles of budgeting
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On the other hand, managers sometimes complain that they lack the necessary information to make the right decision. And this is despite the size of the budget and the abundance of secondary and sometimes completely unclaimed information. It is very important when implementing enterprise budgeting to use the experience of those who will have to work with the document in the future.