Easy Way to Forecast Salaries for Financial Statement Projections

In this video, I'll show you how to forecast salaries for a business. Forecasting expenses for your business is a critical exercise to undertake to ensure you stay within your financial budget, manage expenses and track where you are trending for future decision making.
We will go over projecting salary expense and the assumptions used for projecting salary expense out for the year using a simple Microsoft Excel spreadsheet.
Note: these are fake people with fake salaries in this example 😎
-------------------------------------------
Financial Projections Series:
-------------------------------------------
Financial Projections ➡️ Framework Overview - Part 1
• Financial Statement Pr...
Financial Projections in Excel ➡️ Forecasting Revenue (3 Examples) - Part 2
• Introduction to Financ...
Financial Projections in Excel ➡️ Forecasting Expenses (3 Examples) - Part 3
====================================
I post daily accounting and finance quizzes here: / @patrickbraycpa
====================================
#projections #financialprojections #accounting #financialreporting #businessforecast #financialreporting #financials #budget #taxplanning #forecast #finance #projectedexpenses #financialmodeling #financials #patrickbraycpa