An example budget report typically follows the same formatting as an income statement. The sales and revenues are listed first followed by the cost of goods sold, selling expenses, general and administrative expenses, other expenses, and finally a net operating income …

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It’s worth spelling out clearly the differences between budgets and forecasts. They’re close cousins, in a way, but the purpose and goals for each are slightly different. Include your company logo and contact information at the end of the report …

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