As the name suggests the sales budget forecasts the sales for the company over the budgeted horizon. The Operating Budget is made up of the Sales Budget, Production Budget and Expenses Budget. The major elements of the Master Budget are: The elements of the master budget addresses both operating and financial concerns. The Master Budget for a profit oriented organisation seeks to build a set of interrelated budgets which provide a complete "picture" of the operations of the business over some future period, usually twelve months. The Master Budget Overview of the master budget Using a Spreadsheet to Build the Budget. Budget overview and financials for the 19x1 year.The Master Budget - A Simplified Example - The Personal Software Factory Pty Ltd.
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