What is budgeting making procedure?

Budgeting making procedure:-

Translate the Sales forecast into the work that must be done to achieve the forecast.

Each administrative unit must determine how much money it will need to meet the performance goals for it.

a)            Surveying each of the activities, the unit must perform.

b)            Determining the materials and supplies required to accomplish the jobs.

c)            Determining the materials and supplies required to accomplish the jobs.

Sales department budgets are complied into one man budget and it is forwarded to the financial executive who disseminates the information to the other department.

Administrative heads tend to be overly generous in their estimates of funds they need for the coming year. Few work under tight budgets. Generally in with managed organisation all budgets are tight.