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Budget

A Budget (Money)

About

A Budget is a plan of operations based on such an estimate. It is a breakdown or a plan of how much money is coming in, how much your department will need to pay to provide a service or support, and ultimately where it all goes. A budget review includes capital and operating expenses to sustain the hospitals clinical engineering services. Capital expenses is A plan to finance long-term outlays, such as for fixed assets like facilities, test equipment, tools, computers, and furniture. [1] A operating expense arising in the normal course of running a business, such as an office electricity bill, personnel, supplies, outside services/consultants.[2]

Lastly, a Microsoft excel spreadsheet is a resourceful tool for creating and tracking annual budget expenses.

Links

Reference

  1. Capital Investors.com. "Capital Expense" 2011. [1]
  2. Capital Investors.com. "Operating Expense" 2011. [2]


See also

Management

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