SayPro THE BUDGETING PROCESS

The farmers formed a company. Together they drew up an overall budget. Each farmer then went home and worked out his own budget to see how best he could effect the conversion. If each farmer draws up his own budget he will be much more committed to the long-term process.The budgeting process must demonstrate a number of features in order for it to achieve its full use. First of all, it must be relevant to each farmer concerned. To do this, it must be available to each farmer. It must also portray the planned activity accurately. In some cases, budgets need to be flexible in order to take account of changed circumstances (e.g. weather) during the budget period.The budgeting process involves a series of consecutive events – the process cannot commence until the policy for future development is agreed – so the process itself needs to be planned. A flow chart of the major elements in a typical budgeting process is shown in the next page.Text Description automatically generated with low confidence

Tsakani Stella Rikhotso | Monitoring & Evaluation OfficerSayProWebsite: www.saypro.onlineCell: 27 (0) 713 221 522Email: tsakaniStudy and Qualifications www.saypro.onlineOur Company www.saypro.online

SayPro is a group of brands leading in Africa’s development, building innovative online solutions and a strategic institution on child growth, youth empowerment and adult support programmes, applications in Africa.SayPro Core Skills and Expertise:

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