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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
Revenue and Expense Budgets: The revenue budgets should show anticipated sales by product or by geographical territory or department etc. The expense budgets should cover all necessary and relevant areas such as rent, utilities, supplies, security etc. 4. Capital Expenditure Budgets: