
Budgeting Excel templates
What is budgeting?
To budget is to create a plan for the way that you will save and spend your money. The process of budgeting involves calculating the amount of money you receive, how much you will keep, and where and how the rest of the money will be spent.
This process requires an evaluation of expenses and revenues, and can be carried out by individuals, groups, businesses of varying sizes, and governments.
For a corporate budget, factors such as the economic outlook of the market, projected sales figures and performance, and cost trends may be taken into consideration for both individual department budgets, or the business as a whole as the 'master budget'.
What is the importance of budgeting?
Budgeting is an important aspect for many different people and organizations for a number of reasons. Some of which include:
It ensures, or helps to ensure, that there is no overspending of money that you do not have or cannot afford to spend. You will therefore be able to fund your current financial commitments.
It can help to plan for the future, whether that be saving for something, or formulating where future spending is angled towards in areas such as employees, new equipment, or bonuses.
Budgeting is also important for acting as a safety net. By making a financial plan, you are able to set aside a certain sum of money
What are the different types of budgeting?
There are a two main types of budget, a Static Budget and a Flexible Budget.
Static Budgets: This type of budget includes predicted values set out before the period that is to be budget for has begun. There can be considerable deviation from the actual values at the end of the budget period. A static budget is more useful for those who have more predictable business patterns, with stable recurring revenue or low levels of employee turnover. For business that are more unpredictable the static budget will show a greater disparity with the actual figures, also known as the static budget variance. For more detail on the nature of static budgets, this Investopedia page may be useful
Flexible Budgets: The other main type of budget is the flexible budget. This can be altered when there are changes in volume or activity. This means the budget will vary as the revenue does. There are three different forms of a flexible budget:
- Basic Flexible Budget: where only the expenses that are linked with revenue are altered.
- Intermediate Flexible Budget: This deals with expenditures that impact measures of activity other than revenue.
- Advanced flexible budget: This type of budget will change the expenditure proportions if the target ranges are exceeded for the measurements that were initially in place.
To find ready-to-use budget templates built by excel and finance experts, look below on Eloquens.com. If you can't find what you're looking for, don't hesitate to reach out to authors on the site to see if they can help!
Learn more about budgeting by visiting these webpage links below:
Most popular templates
- Take control of your business' financials with this Manufacturing Company Budget Template.2,737Discussadd_shopping_cart
Food Manufacturing Budget Excel Template
Food Manufacturing Company Budget Template - take control of your business' financials.1,301Discussadd_shopping_cartConstruction Budgeting Excel Template
The Construction Budget Template allows you to forecast financials for your company regardless of a number of projects.1,449Discussadd_shopping_cartProfessional Services Budget Excel Template
Take control of your business' financials - Professional Services Budget Template.598Discussadd_shopping_cartHotel Budgeting Excel Template
Hotel budget template is a one-year financial planning template that enables the user to project BS, PnL, CF.3,3991add_shopping_cartDental Clinic Budgeting Excel Template
Dental clinic budget template is a full-scale Excel template that forecasts financials for dental services companies.1,277Discussadd_shopping_cartBudget and Forecast Excel Template
Budget and Forecast Model Interactive Template250Discussadd_shopping_cart$99.00by Steve Lindsey
The Financial Planning Excel Workbook
A simple yet powerful tool to jumpstart your financial planning.632Discussadd_shopping_cart$20.00by Rhon De los Santos
5 Year Pro-Forma Budget
5 Year Financial Plan Template with Interactive Dashboard166Discussadd_shopping_cart$89.00by Steve Lindsey
Wellness Center Excel Budget Template
Wellness center budget template - get control of your company's financials6873add_shopping_cartBeauty Salon Budgeting Excel Template
Beauty Salon Budget Template - get control of your salon's financials.1,676Discussadd_shopping_cartReal Estate Development Budgeting - Advanced
A new look at financial modeling. Real estate development template for budget vs. actual per line item.69Discussadd_shopping_cart$45.00by Jason Varner
Budget Template for FMCG
The template is a statement of estimated income and expenses based on future plans and objectives133Discussadd_shopping_cart$70.00by ECF Consultancy
Restaurant Budgeting Excel Template
Restaurant Budget Template - get control of your restaurant's financials350Discussadd_shopping_cartWholesale Budgeting Excel Template
Wholesale Budget Template - project your company's financial performance.264Discussadd_shopping_cartBudget Expense Template
Budget expense template for an insurance company in Microsoft Excel.55Discussadd_shopping_cart$30.00by Peter Nguyen
priced templates
Veterinary Budget Template
Shop Veterinary Pro Forma Projection. Creates 5-year Pro-forma financial statements, and financial ratios in GAAP or IFR217Discussadd_shopping_cart$129.00by Henry Sheykin
Manufacturing Company Budget Template
Take control of your business' financials with this Manufacturing Company Budget Template.2,737Discussadd_shopping_cartFood Manufacturing Budget Excel Template
Food Manufacturing Company Budget Template - take control of your business' financials.1,301Discussadd_shopping_cartProfessional Services Budget Excel Template
Take control of your business' financials - Professional Services Budget Template.598Discussadd_shopping_cartBudget Template for FMCG
The template is a statement of estimated income and expenses based on future plans and objectives133Discussadd_shopping_cart$70.00by ECF Consultancy
BUDGET VS ACTUALS DASHBOARD
Download Budget vs Actual Excel Template. Make smart budget versus actual analysis with Excel Budget Spreadsheet639Discussadd_shopping_cart$29.00by Henry Sheykin
Construction Budgeting Excel Template
The Construction Budget Template allows you to forecast financials for your company regardless of a number of projects.1,449Discussadd_shopping_cartBudget and Forecast Excel Template
Budget and Forecast Model Interactive Template250Discussadd_shopping_cart$99.00by Steve Lindsey
Hotel Budgeting Excel Template
Hotel budget template is a one-year financial planning template that enables the user to project BS, PnL, CF.3,3991add_shopping_cartDental Clinic Budgeting Excel Template
Dental clinic budget template is a full-scale Excel template that forecasts financials for dental services companies.1,277Discussadd_shopping_cart5 Year Pro-Forma Budget
5 Year Financial Plan Template with Interactive Dashboard166Discussadd_shopping_cart$89.00by Steve Lindsey
Wellness Center Excel Budget Template
Wellness center budget template - get control of your company's financials6873add_shopping_cartBeauty Salon Budgeting Excel Template
Beauty Salon Budget Template - get control of your salon's financials.1,676Discussadd_shopping_cartReal Estate Development Budgeting - Advanced
A new look at financial modeling. Real estate development template for budget vs. actual per line item.69Discussadd_shopping_cart$45.00by Jason Varner
Restaurant Budgeting Excel Template
Restaurant Budget Template - get control of your restaurant's financials350Discussadd_shopping_cartWholesale Budgeting Excel Template
Wholesale Budget Template - project your company's financial performance.264Discussadd_shopping_cart
Newly published
Annual Budget Calculator
A budget model used to track not only monthly but yearly spending across a variety of customizable budget categories64Discussadd_shopping_cart$5.00by Daniel Anderson
Annual Operating Plan - AOP for Equipment Rental
The Annual Operating Plan (AOP) template is the best tools for planning of the operating activity of the company.56Discussadd_shopping_cart$80.00by ECF Consultancy
Budget Template for Internet Service Provider
The template is a statement of estimated income and expenses based on future plans and objectives for Telecom Service61Discussadd_shopping_cart$70.00by ECF Consultancy
Budget Template for FMCG
The template is a statement of estimated income and expenses based on future plans and objectives133Discussadd_shopping_cart$70.00by ECF Consultancy
Budget Template for General Trading
The template is a planning tool that helps management in its attempts to cope with the uncertainty of the future83Discussadd_shopping_cart$70.00by ECF Consultancy
Annual Operating Plan- AOP for Service Industry
The Annual Operating Plan (AOP) template is the best tools for planning of the operating activity of the company90Discussadd_shopping_cart$80.00by ECF Consultancy
Real Estate Development Budgeting - Advanced
A new look at financial modeling. Real estate development template for budget vs. actual per line item.69Discussadd_shopping_cart$45.00by Jason Varner
Retail Budgeting Excel Template
Retail budget template - get control of your shop financials524Discussadd_shopping_cartManufacturing Company Budget Template
Take control of your business' financials with this Manufacturing Company Budget Template.2,737Discussadd_shopping_cartWholesale Budgeting Excel Template
Wholesale Budget Template - project your company's financial performance.264Discussadd_shopping_cartConstruction Budgeting Excel Template
The Construction Budget Template allows you to forecast financials for your company regardless of a number of projects.1,449Discussadd_shopping_cartBeauty Salon Budgeting Excel Template
Beauty Salon Budget Template - get control of your salon's financials.1,676Discussadd_shopping_cartProfessional Services Budget Excel Template
Take control of your business' financials - Professional Services Budget Template.598Discussadd_shopping_cartRestaurant Budgeting Excel Template
Restaurant Budget Template - get control of your restaurant's financials350Discussadd_shopping_cartIT Startup Budget Excel Template
IT Startup budget template - get control of your company's financials.231Discussadd_shopping_cartHospital Budgeting Template
Hospital Budget Template - take control of your business' financials.1,0264add_shopping_cart
Full catalog
Veterinary Budget Template
Shop Veterinary Pro Forma Projection. Creates 5-year Pro-forma financial statements, and financial ratios in GAAP or IFR217Discussadd_shopping_cart$129.00by Henry Sheykin
Manufacturing Company Budget Template
Take control of your business' financials with this Manufacturing Company Budget Template.2,737Discussadd_shopping_cartFood Manufacturing Budget Excel Template
Food Manufacturing Company Budget Template - take control of your business' financials.1,301Discussadd_shopping_cartProfessional Services Budget Excel Template
Take control of your business' financials - Professional Services Budget Template.598Discussadd_shopping_cartBudget Template for FMCG
The template is a statement of estimated income and expenses based on future plans and objectives133Discussadd_shopping_cart$70.00by ECF Consultancy
BUDGET VS ACTUALS DASHBOARD
Download Budget vs Actual Excel Template. Make smart budget versus actual analysis with Excel Budget Spreadsheet640Discussadd_shopping_cart$29.00by Henry Sheykin
Monthly Expenses Excel Template - Free Calculator
An Excel Template for Monthly Expense Tracker allowing up to 25 Expenses.499Discussadd_shopping_cartfreeby Henry Sheykin
Project Budget Excel Template
This is a detailed, yet concise, project budget template to help manage the financials of your project.669Discussadd_shopping_cartfreeby CFI
Dashboard for Budget Data
Detailed and extensive dashboard tool for monitoring and visualising your budgeting1,400Discussadd_shopping_cartGeneral Store Financial Model Excel Template
Complete and straightforward financial model for accurately budgeting your shop's financials.770Discussadd_shopping_cartfreeby Brian Weisberg
Construction Cost Management and Budgeting Tool
A tool for managing costs and budgets for construction projects296Discussadd_shopping_cartfreeby Nadine Popova
Construction Budgeting Excel Template
The Construction Budget Template allows you to forecast financials for your company regardless of a number of projects.1,449Discussadd_shopping_cartBudget and Forecast Excel Template
Budget and Forecast Model Interactive Template250Discussadd_shopping_cart$99.00by Steve Lindsey
The Financial Planning Excel Workbook
A simple yet powerful tool to jumpstart your financial planning.632Discussadd_shopping_cart$20.00by Rhon De los Santos
Hotel Budgeting Excel Template
Hotel budget template is a one-year financial planning template that enables the user to project BS, PnL, CF.3,3991add_shopping_cartDental Clinic Budgeting Excel Template
Dental clinic budget template is a full-scale Excel template that forecasts financials for dental services companies.1,277Discussadd_shopping_cart- Have a budgeting template to share?
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