salam alaykum. First of all, thank you for your valuable and amazing content. Second of all, at minute 11:46 while checking the growth of the monthly sales for next year (forecast): you did the following: =(325000-257600)/325000 and you got 15.20% shouldn't we divide it by 275600? so the equation will be like: =(325000-275600)/275600 and we get 17.92% which can be double checked (275600*1.1792)= 325000 as the sale forecast waiting for your reply and thanks again for the amazing content
Thanks, Its really helpful.. Can you plz share the file link in description. It will also help us to save time...... May Allah bless you for your hard work
Thanks for this valuable information. But can I ask. Is expected sales is budget by Amt or it is by quantity? Coz as per book we studied that we have to identify quantity and then sales price?!😊
Kinldy let me know in this budget, the cost of sales is proportionately increasing with the forecasted sales, so does it mean the gross profit is expected to remain same as last year. Does the budget not meant to increase profit?
If you see carefully, you will find the gross profit also increasing with the same %. There may be so many factors to be considered in calculating Cost of Sales Calculation, depends upon the nature of products and business.
hi! i am going to report about the actual and budgeted profit in class, i just wanna make sure if this could pass as a reference material? will wait for your response, thank you.
@@masteringaccountingskills7717 thank you so much! do you have a part two of this? or related videos about this topic? i'll gladly watch them to learn 🥹
Wao, its really helpful
Thank you
your videos very helpful .. Jazak Ullah Khair ..
Nice video. It's useful, Thank You !
Important topic.You explain everything very clearly
I will apply this on my small business, thanks for sharing
This video is really helpful I appreciate your work
thanks for sharing
my BBA course, content, perfectly explained, thank you
Thank you
Thank you sir
you have cleared a lot of doubts in my mind, thank you
Thank you
budgeting is very important for business as well as for home
salam alaykum. First of all, thank you for your valuable and amazing content. Second of all, at minute 11:46 while checking the growth of the monthly sales for next year (forecast): you did the following:
=(325000-257600)/325000 and you got 15.20%
shouldn't we divide it by 275600? so the equation will be like:
=(325000-275600)/275600 and we get 17.92% which can be double checked (275600*1.1792)= 325000 as the sale forecast
waiting for your reply and thanks again for the amazing content
Yes. I wonder how could he commit a silly mistake 18 % is correct (Sales 18/Sales 17) -1 Gives us % increase from 17 - 18
Please also prepared budget balance sheet
can I ask if what kind of business is this? the video was so informative, i'm going to use this as my reference material on my report. thanks, a lot!
Thanks brother, Its really helpful..
Can you plz share the file link in description. It will also help us.
May Allah bless you......
You are welcome. Excel Sheet Link is shared in video description, you may download, follow the instructions in video description
Thanks, Its really helpful..
Can you plz share the file link in description. It will also help us to save time......
May Allah bless you for your hard work
Thank you. I will share
Link is shared in Video desciption
@@masteringaccountingskills7717 Again thanks... AND Really appreciate your hard work....
May Allah bless you
How to prepare funds accounting please make one video
hello I find this very Helpful, could you please Share the file? i cannot find it in the Description
Your email address? I will forward
Thanks for this valuable information.
But can I ask. Is expected sales is budget by Amt or it is by quantity?
Coz as per book we studied that we have to identify quantity and then sales price?!😊
Reply depends upon the nature of product yiu are selling
Kinldy let me know in this budget, the cost of sales is proportionately increasing with the forecasted sales, so does it mean the gross profit is expected to remain same as last year. Does the budget not meant to increase profit?
If you see carefully, you will find the gross profit also increasing with the same %.
There may be so many factors to be considered in calculating Cost of Sales Calculation, depends upon the nature of products and business.
Thank you
hi! i am going to report about the actual and budgeted profit in class, i just wanna make sure if this could pass as a reference material? will wait for your response, thank you.
Yes you can
@@masteringaccountingskills7717 thank you so much! do you have a part two of this? or related videos about this topic? i'll gladly watch them to learn 🥹
Finance statement how to Prepare..how to analyse
Please can i have in excel sheet
Hi,
The download link does not seem to be working,
new link updated
@@masteringaccountingskills7717 Thanks so much