The Budget

The Budget: A budget is an account of the estimated revenue and estimated expenditure within a fiscal year. Calculation and negotiation of anticipated revenues and expenditures of economic activity (personal, family, a business, a business, an office, a government) over a period, usually in the form year. It is a plan of action to meet an intended goal, expressed in financial values ​​and termsthat must be met in a certain time and under certain conditions specified, this concept is applied to each responsibility center organization.
Classification of budgets: Budgets can be classified from several points of view. Then rated according to their exposed highlights:
According flexibility
Rigid, static, fixed or assigned: Sometimes called static budget, consists of a single plan and makesreservations for changes that may occur during the period for which it is made ​​. It is based primarily on estimates of the forecasts are correct. For example: If the proposed budget is for a fixed budget. It provides an estimate of the quarterly and annual production of the garment factory and also sales for those periods ago. No provision was made ​​to consider possible changes in productionfigures or estimates of sales as a result of changes in the economic situation of rising prices of raw materials, etc. . . . That is, consider that no change will occur.
For a country whose economy is not stable, fixed budgets are not the most recommended, unless you cover a relatively short period of time, another example: The weavers can make a budget for a quarter, it is quite likely that duringthis period do not raise the price of wool.
Flexible or variable: Are those that are developed for different levels of activity and can be adapted to changing environmental circumstances. They are very popular in the modern financial field. They are expensive adaptive dynamic, but complicated and. They are the budgets are prepared for different activity levels and can be tailored to thecircumstances arising at any time. These show the revenues, costs and expenses adjusted to the size of manufacturing or commercial operations. Have wide application in the field of budgetary costs, manufacturing overhead, administrative and sales.
According to the period covering
Determining the budget period to cover will depend on the type of transaction made ​​by the company, and the degree of accuracyand detail you want, since longer correspond to less precision and analysis. Thus, there may be assumptions:
Short-term: Are being made to cover the organizational planning cycle of operations a year. This system adapts to countries with inflationary economies.
Long Term: (as far as possible) such estimates relate to development plans that generally adopted by state and large companies.

Elpresupuesto: Un presupuesto es un relato de las previsiones de ingresos y gastos previstos en un año fiscal. Cálculo y negociación de los ingresos y gastos de la actividad económica (personal, familiar, un negocio, un negocio, una oficina, un gobierno) durante un período de, por lo general en el año forma previstos. Es un plan de acción para cumplir una meta prevista, expresada en valores y términosfinancieros que deben cumplirse en un tiempo determinado y bajo ciertas condiciones específicas, este concepto se aplica a cada centro de responsabilidad organización.
Clasificación de los presupuestos: Los presupuestos pueden clasificarse desde varios puntos de vista. A continuación se expone una clasificación de acuerdo con sus aspectos sobresalientes
• De acuerdo con la flexibilidad
Rígido,estático, fijo o asignada: A veces llamado presupuesto estático, se compone de un solo plan y hace reservas para los cambios que se puedan producir durante el período por el que se hace. Se basa principalmente en las estimaciones de las previsiones son correctas. Por ejemplo: Si el presupuesto propuesto es de un presupuesto fijo. Proporciona una estimación de la producción trimestral y anual de la...