Budget and Planning Management
Budget, which means "the table showing the revenues to be obtained and the expenses to be made in the next period" It is the plan that expresses the results after the future sales and costs of the enterprises in monetary terms. Since budget planning is prepared by anticipating the events and situations expected to occur, we prepare the company goals and objectives in the most inclusive way, jointly with all departments of the company. While planning the budget, it is important to determine the period to be covered first. Since the budget plans prepared for long time intervals will not be realistic, we act with a 1-year budget planning prepared for 3-month periods, which is ideal. At the stage of determining the budget strategy, we aim the sales amounts for the planned budget period, taking into account the previous period data. In this process, we ensure that targets such as production costs, fixed and variable expenses, income, margin and working capital are clarifie
