Please use Excel template provided by your lecturer. Prepare the budget planner (cash flow forecast) for the hotel for the forthcoming year. This should show the budgeted income and expenditure clearly categorized. It should also clearly show the net monthly income/expenditure and the opening and closing balance on the hotels bank balance.
Work to the nearest £, using the template provided. Assume 4 weeks in a calendar month.
The Regional Accounts director has asked you to provide details of the zero-base budgeting technique with a view to implementing this type of budgeting approach in the future.
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