<Company Name>

Rolling Budget and Forecast

<Date>
Model Key
Numbers in black represent budget numbers or actuals for the current or prior year.
Numbers in blue represent forecast numbers for the current year.
Italicized numbers in gray cells are calculations that generally should not be altered.

Line Item

January

February

March

Q1

April

May

June

Q2

July

August

September

Q3

October

November

December

Q4

Annual

$65,000
$60,000
($5,000)

$75,000
$70,000
($5,000)

$85,000
$88,000
$3,000

$225,000
$218,000
($7,000)

$75,000
$95,000
$20,000

$80,000
$65,000
($15,000)

$90,000
$88,000
($2,000)

$245,000
$248,000
$3,000

$95,000
$95,000
$0

$100,000
$100,000
$0

$105,000
$105,000
$0

$300,000
$300,000
$0

$120,000
$120,000
$0

$130,000
$130,000
$0

$145,000
$145,000
$0

$395,000
$395,000
$0

$1,165,000
$1,161,000
($4,000)

Prior year
Prior year variance (Actual Prior year)
Cost of Goods Sold
Budget
Actual

$55,000
$5,000

$60,000
$10,000

$70,000
$18,000

$185,000
$33,000

$75,000
$20,000

$80,000
($15,000)

$90,000
($2,000)

$245,000
$3,000

$90,000
$5,000

$95,000
$5,000

$100,000
$5,000

$285,000
$15,000

$110,000
$10,000

$120,000
$10,000

$130,000
$15,000

$360,000
$35,000

$1,075,000
$86,000

$50,000
$47,500

$55,000
$55,000

$65,000
$63,000

$170,000
$165,500

$55,000
$45,000

$60,000
$55,000

$70,000
$63,000

$185,000
$163,000

$70,000
$70,000

$75,000
$75,000

$80,000
$80,000

$225,000
$225,000

$90,000
$90,000

$100,000
$100,000

$125,000
$125,000

$315,000
$315,000

$895,000
$868,500

Budget variance (Budget Actual)

Prior year
Prior year variance (Prior year Actual)
Sales and Marketing Costs
Budget

$2,500
$45,000
($2,500)

$0
$48,000
($7,000)

$2,000
$54,000
($9,000)

$4,500
$147,000
($18,500)

$10,000
$49,000
$4,000

$5,000
$51,000
($4,000)

$7,000
$56,000
($7,000)

$22,000
$156,000
($7,000)

$0
$70,000
$0

$0
$80,000
$5,000

$0
$85,000
$5,000

$0
$235,000
$10,000

$0
$95,000
$5,000

$0
$105,000
$5,000

$0
$115,000
($10,000)

$0
$315,000
$0

$26,500
$853,000
($15,500)

$8,000

$3,000

$4,000

$15,000

$6,000

$7,000

$8,000

$21,000

$7,500

$8,500

$9,000

$25,000

$8,000

$10,000

$6,500

$24,500

$85,500

Actual
Budget variance (Budget Actual)
Prior year
Prior year variance (Prior year Actual)
Labor Expense

$10,000
($2,000)
$7,000
($3,000)

$4,000
($1,000)
$6,000
$2,000

$3,000
$1,000
$5,000
$2,000

$17,000
($2,000)
$18,000
$1,000

$5,000
$1,000
$5,000
$0

$6,500
$500
$6,000
($500)

$7,500
$500
$7,000
($500)

$19,000
$2,000
$18,000
($1,000)

$7,500
$0
$7,000
($500)

$8,500
$0
$8,000
($500)

$9,000
$0
$8,000
($1,000)

$25,000
$0
$23,000
($2,000)

$8,000
$0
$8,000
$0

$10,000
$0
$9,000
($1,000)

$6,500
$0
$7,000
$500

$24,500
$0
$24,000
($500)

$85,500
$0
$83,000
($2,500)

$35,000
$40,000
($5,000)
$20,000

$40,000
$41,000
($1,000)
$25,000

$40,000
$42,000
($2,000)
$30,000

$115,000
$123,000
($8,000)
$75,000

$40,000
$42,000
($2,000)
$30,000

$40,000
$43,000
($3,000)
$31,000

$45,000
$45,000
$0
$33,000

$125,000
$130,000
($5,000)
$94,000

$45,000
$45,000
$0
$34,000

$45,000
$45,000
$0
$35,000

$50,000
$50,000
$0
$36,000

$140,000
$140,000
$0
$105,000

$50,000
$50,000
$0
$37,000

$55,000
$55,000
$0
$38,000

$55,000
$55,000
$0
$37,000

$160,000
$160,000
$0
$112,000

$540,000
$553,000
($13,000)
$386,000

Prior year variance (Prior year Actual)

General and Administrative
Budget
Actual
Budget variance (Budget Actual)

($20,000)

($16,000)

($12,000)

($48,000)

($12,000)

($12,000)

($12,000)

($36,000)

($11,000)

($10,000)

($14,000)

($35,000)

($13,000)

($17,000)

($18,000)

($48,000)

($167,000)

$10,000
$9,000
$1,000

$10,000
$10,000
$0

$11,000
$12,000
($1,000)

$31,000
$31,000
$0

$11,000
$15,000
($4,000)

$12,000
$13,000
($1,000)

$15,000
$14,000
$1,000

$38,000
$42,000
($4,000)

$14,000
$14,000
$0

$15,000
$15,000
$0

$16,000
$16,000
$0

$45,000
$45,000
$0

$15,000
$15,000
$0

$18,000
$18,000
$0

$15,000
$15,000
$0

$48,000
$48,000
$0

$162,000
$166,000
($4,000)

Prior year
Prior year variance (Prior year Actual)
Operating Income
Budget
Actual

$5,000
($4,000)

$6,000
($4,000)

$7,000
($5,000)

$18,000
($13,000)

$8,000
($7,000)

$9,000
($4,000)

$10,000
($4,000)

$27,000
($15,000)

$10,000
($4,000)

$12,000
($3,000)

$13,000
($3,000)

$35,000
($10,000)

$13,000
($2,000)

$14,000
($4,000)

$14,000
($1,000)

$41,000
($7,000)

$121,000
($45,000)

$5,000
($5,000)

$5,000
($3,000)

$5,000
$2,000

$15,000
($6,000)

$10,000
$0

$10,000
$5,000

$10,000
$7,000

$30,000
$12,000

$12,500
$12,500

$12,500
$12,500

$12,500
$12,500

$37,500
$37,500

$15,000
$15,000

$15,000
$15,000

$15,000
$15,000

$45,000
$45,000

$127,500
$88,500

Budget variance (Actual Budget)

Prior year
Prior year variance (Actual Prior year)
BALANCE SHEET

($10,000)
($5,000)
$0

($8,000)
($25,000)
$22,000

($3,000)
($27,000)
$29,000

($21,000)
($57,000)
$51,000

($10,000)
($15,000)
$15,000

($5,000)
($15,000)
$20,000

($3,000)
($15,000)
$22,000

($18,000)
($45,000)
$57,000

$0
($33,000)
$45,500

$0
($25,000)
$37,500

$0
($25,000)
$37,500

$0
($83,000)
$120,500

$0
($30,000)
$45,000

$0
($20,000)
$35,000

$0
($20,000)
$35,000

$0
($70,000)
$115,000

($39,000)
($255,000)
$343,500

$45,000
$43,000
($2,000)
$125,000

$45,000
$42,000
($3,000)
$110,000

$40,000
$41,000
$1,000
$95,000

$40,000
$41,000
$1,000
$95,000

$40,000
$38,000
($2,000)
$85,000

$42,000
$40,000
($2,000)
$75,000

$45,000
$41,000
($4,000)
$65,000

$45,000
$41,000
($4,000)
$65,000

$48,000
$48,000
$0
$60,000

$52,000
$52,000
$0
$50,000

$55,000
$55,000
$0
$40,000

$55,000
$55,000
$0
$40,000

$60,000
$60,000
$0
$35,000

$65,000
$65,000
$0
$30,000

$70,000
$70,000
$0
$25,000

$70,000
$70,000
$0
$25,000

$70,000
$70,000
$0
$25,000

($82,000)

($68,000)

($54,000)

($54,000)

($47,000)

($35,000)

($24,000)

($24,000)

($12,000)

$2,000

$15,000

$15,000

$25,000

$35,000

$45,000

$45,000

$45,000

$100,000
$95,000
($5,000)

$105,000
$100,000
($5,000)

$110,000
$105,000
($5,000)

$110,000
$105,000
($5,000)

$115,000
$105,000
($10,000)

$120,000
$112,000
($8,000)

$125,000
$118,000
($7,000)

$125,000
$118,000
($7,000)

$125,000
$125,000
$0

$125,000
$125,000
$0

$120,000
$120,000
$0

$120,000
$120,000
$0

$115,000
$115,000
$0

$110,000
$110,000
$0

$100,000
$100,000
$0

$100,000
$100,000
$0

$100,000
$100,000
$0

Prior year
Prior year variance (Actual Prior year)
Accounts Receivable
Budget
Actual

$80,000
$15,000

$85,000
$15,000

$90,000
$15,000

$90,000
$15,000

$90,000
$15,000

$100,000
$12,000

$110,000
$8,000

$110,000
$8,000

$115,000
$10,000

$105,000
$20,000

$110,000
$10,000

$110,000
$10,000

$105,000
$10,000

$95,000
$15,000

$90,000
$10,000

$90,000
$10,000

$90,000
$10,000

$45,000
$47,000

$48,000
$48,000

$50,000
$49,000

$50,000
$49,000

$55,000
$51,000

$55,000
$53,000

$54,000
$54,000

$54,000
$54,000

$53,000
$53,000

$52,000
$52,000

$51,000
$51,000

$51,000
$51,000

$50,000
$50,000

$50,000
$50,000

$50,000
$50,000

$50,000
$50,000

$50,000
$50,000

Budget variance (Actual Budget)

Prior year
Prior year variance (Actual Prior year)
Net Fixed Assets

$2,000
$65,000
($18,000)

$0
$63,000
($15,000)

($1,000)
$61,000
($12,000)

($1,000)
$61,000
($12,000)

($4,000)
$60,000
($9,000)

($2,000)
$58,000
($5,000)

$0
$55,000
($1,000)

$0
$55,000
($1,000)

$0
$48,000
$5,000

$0
$45,000
$7,000

$0
$45,000
$6,000

$0
$45,000
$6,000

$0
$47,000
$3,000

$0
$43,000
$7,000

$0
$42,000
$8,000

$0
$42,000
$8,000

$0
$42,000
$8,000

Budget
Actual
Budget variance (Actual Budget)
Prior year
Prior year variance (Actual Prior year)

$250,000
$250,000
$0
$230,000
$20,000

$245,000
$245,000
$0
$230,000
$15,000

$240,000
$240,000
$0
$231,000
$9,000

$240,000
$240,000
$0
$231,000
$9,000

$235,000
$235,000
$0
$234,000
$1,000

$230,000
$230,000
$0
$235,000
($5,000)

$225,000
$225,000
$0
$235,000
($10,000)

$225,000
$225,000
$0
$235,000
($10,000)

$300,000
$300,000
$0
$240,000
$60,000

$295,000
$295,000
$0
$240,000
$55,000

$290,000
$290,000
$0
$242,000
$48,000

$290,000
$290,000
$0
$242,000
$48,000

$285,000
$285,000
$0
$244,000
$41,000

$280,000
$280,000
$0
$245,000
$35,000

$275,000
$275,000
$0
$248,000
$27,000

$275,000
$275,000
$0
$248,000
$27,000

$275,000
$275,000
$0
$248,000
$27,000

PROFIT AND LOSS

Revenue
Budget
Actual
Budget variance (Actual Budget)

Budget
Actual
Budget variance (Budget Actual)
Prior year

Cash
Budget
Actual
Budget variance (Actual Budget)
Prior year
Prior year variance (Actual Prior year)
Inventory
Budget
Actual
Budget variance (Actual Budget)

<Company Name>
Rolling Budget and Forecast
<Date>
Model Key
Numbers in black represent budget numbers or actuals for the current or prior year.
Numbers in blue represent forecast numbers for the current year.
Italicized numbers in gray cells are calculations that generally should not be altered.

Line Item
Accounts Payable
Budget
Actual

January

February

March

Q1

April

May

June

Q2

July

August

September

Q3

October

November

December

Q4

Annual

$25,000
$26,000

$28,000
$30,000

$32,000
$34,000

$32,000
$34,000

$34,000
$35,000

$35,000
$35,500

$36,000
$36,500

$36,000
$36,500

$35,000
$35,000

$34,000
$34,000

$33,000
$33,000

$33,000
$33,000

$32,000
$32,000

$31,000
$31,000

$30,000
$30,000

$30,000
$30,000

$30,000
$30,000

Budget variance (Actual Budget)

Prior year
Prior year variance (Actual Prior year)
Long-Term Debt
Budget

$1,000
$18,000
$8,000

$2,000
$20,000
$10,000

$2,000
$24,000
$10,000

$2,000
$24,000
$10,000

$1,000
$25,000
$10,000

$500
$26,000
$9,500

$500
$26,000
$10,500

$500
$26,000
$10,500

$0
$27,000
$8,000

$0
$28,000
$6,000

$0
$27,000
$6,000

$0
$27,000
$6,000

$0
$28,000
$4,000

$0
$29,000
$2,000

$0
$28,000
$2,000

$0
$28,000
$2,000

$0
$28,000
$2,000

$125,000

$48,000

$50,000

$50,000

$55,000

$55,000

$54,000

$54,000

$53,000

$52,000

$51,000

$51,000

$50,000

$50,000

$50,000

$50,000

$50,000

Actual
Budget variance (Actual Budget)
Prior year
Prior year variance (Actual Prior year)

$125,000
$0
$45,000
$80,000

$48,000
$0
$45,000
$3,000

$49,000
($1,000)
$45,000
$4,000

$49,000
($1,000)
$45,000
$4,000

$51,000
($4,000)
$65,000
($14,000)

$53,000
($2,000)
$65,000
($12,000)

$54,000
$0
$65,000
($11,000)

$54,000
$0
$65,000
($11,000)

$53,000
$0
$75,000
($22,000)

$52,000
$0
$75,000
($23,000)

$51,000
$0
$75,000
($24,000)

$51,000
$0
$75,000
($24,000)

$50,000
$0
$85,000
($35,000)

$50,000
$0
$85,000
($35,000)

$50,000
$0
$75,000
($25,000)

$50,000
$0
$75,000
($25,000)

$50,000
$0
$75,000
($25,000)