Budgeting
5 Types of Budgeting Methods for Business
The types of budgeting method you apply to your business planning depends on your situation. There is more than one way of thinking about budgeting. Essentially, more than one way to approach it. Let us explore some of the different budget methods that are commonly...
How to Calculate Payroll Budgets for your Business
How to calculate payroll budgets is an important skill for business operators. For many businesses, payroll is the biggest expense, especially for those providing services to their customers. Even in the world of manufacturing, payroll can still be a significant...
7 Clever Things to Do with Budget Formulas
Using Budget Formulas open up many possibilities to save you time. Here’s a few examples that should inspire you. Some are relatively simple, some more complex. Calxa’s powerful Budget Formulas work across business units and can be built up in layers using Metrics....
Cash Flow Scenarios to Mitigate a Crisis
Preparing multiple cash flow scenarios will help you think through the implications of different situations and be prepared. This means that you’ll come to a much quicker decision later on, when you’re under pressure to act fast.
5 Ways of Budgeting Made Easy
5 Ways of budgeting made easy walks you through the steps of doing your budgets in the Calxa app. Essentially, Calxa is an alternative to preparing budgets in a spreadsheet. If you are looking for ways to make your business budgeting easy, read on.
Reviewing your Mid-Year Budgets
The half-way point in your financial year, or the calendar year, is always a good time to step back and review how you’re going, adjust your forecasts and plan for the rest of the year. Follow these tips to take stock, do a mid-year budget review and get the most out...
Making Sense of Balance Sheet Budgets
A cashflow forecast isn’t complete without considering what’s happening in your Balance Sheet accounts. It’s fairly straightforward to master the skills needed to put together a Profit & Loss budget, but movements in assets and liabilities are less familiar to many people. In this article, we’ll explain the principles involved in using balance sheet budgets, rather than all the technical details.