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| Name | Sales Budget: Definition & Examples |
| Video Uploader | Video From Accountingplus |
| Upload Date | This Video Uploaded At 19-04-2018 21:45:53 |
| Video Discription | The sales budget is the first and basic component of master budget and it shows the expected number of sales units of a period and the expected price per unit. It also shows total sales which are simply the product of expected sales units and expected the price per unit. Subscribe me: https://www.youtube.com/accountingplus Like my Facebook: https://www.facebook.com/accountingPlusS/ A formula of #sale #budget The formula of the sale budget is so easy. It is equal to Number of sales unit multiply with Sales Price. In equation form, we will use the following #formula. Sale budget is equal to Number of sales unit multiply with Sales Price. Here an important point, I want to mention you. The accountant mostly like statement form. But we will use this equation formula for the calculation of the multiple choice questions. Different ways of sale budget The sale department makes the Different ways of sale budget according to their requirements. Product wise Under product wise sale budget. The sale department will make the sale budget according to company products. Territory wise If the company is operating internationally. Then sale department makes the sale budget on a territory wise. Because environmental and cultural norms are different country to country. Period wise In the period wise, we will make the budget for the specific period. It may be monthly, Quaternary, Semiannually, and Yearly. Event-wise In the event wise sale budgeting, the sale department makes sure the products or services must be available to customers in the specific time interval in which demand of the product too much high. For example, the demand for the clothes and gifts are much high in Christmas, Holi, and Eid. Customer wise The company makes the sale budget according to client incomes, age, and gender well. The luxury products are offers to high-income clients and other products offer to low paying clients. Salesmen wise The different companies are using different supply chain to sell its products. The most common supply chain in practicing around the globe is the whole seller, whole seller to the distributor, in the distributor to retails. In last retailers to the customer. The role of salesmen is much high in a sale of the product. The sale persons have the direct link with clients. Reference: https://en.wikipedia.org/wiki/Budget https://accountingexplained.com/managerial/master-budget/sales images: https://en.wikipedia.org/wiki/Financial_forecast #trending #Accounting tS_3O7kL05w |
| Category | Education |
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