<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
PROFIT AND LOSS
Revenue
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)
Cost of Goods Sold
Budget
Actual
Budget variance (Budget – Actual)
Prior year
Prior year variance (Prior year – Actual)
Sales and Marketing Costs
Budget
Actual
Budget variance (Budget – Actual)
Prior year
Prior year variance (Prior year – Actual)
Labor Expense
Budget
Actual
Budget variance (Budget – Actual)
Prior year
Prior year variance (Prior year – Actual)
General and Administrative
Budget
Actual
Budget variance (Budget – Actual)
Prior year
Prior year variance (Prior year – Actual)
Operating Income
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)
BALANCE SHEET

January

February

March

Q1

April

May

June

Q2

July

August

September

Q3

October

November

December

Q4

Annual

$65,000
$60,000
($5,000)
$55,000
$5,000

$75,000
$70,000
($5,000)
$60,000
$10,000

$85,000
$88,000
$3,000
$70,000
$18,000

$225,000
$218,000
($7,000)
$185,000
$33,000

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

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

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

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

$95,000
$95,000
$0
$90,000
$5,000

$100,000
$100,000
$0
$95,000
$5,000

$105,000
$105,000
$0
$100,000
$5,000

$300,000
$300,000
$0
$285,000
$15,000

$120,000
$120,000
$0
$110,000
$10,000

$130,000
$130,000
$0
$120,000
$10,000

$145,000
$145,000
$0
$130,000
$15,000

$395,000
$395,000
$0
$360,000
$35,000

$1,165,000
$1,161,000
($4,000)
$1,075,000
$86,000

$50,000
$47,500
$2,500
$45,000
($2,500)

$55,000
$55,000
$0
$48,000
($7,000)

$65,000
$63,000
$2,000
$54,000
($9,000)

$170,000
$165,500
$4,500
$147,000
($18,500)

$55,000
$45,000
$10,000
$49,000
$4,000

$60,000
$55,000
$5,000
$51,000
($4,000)

$70,000
$63,000
$7,000
$56,000
($7,000)

$185,000
$163,000
$22,000
$156,000
($7,000)

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

$75,000
$75,000
$0
$80,000
$5,000

$80,000
$80,000
$0
$85,000
$5,000

$225,000
$225,000
$0
$235,000
$10,000

$90,000
$90,000
$0
$95,000
$5,000

$100,000
$100,000
$0
$105,000
$5,000

$125,000
$125,000
$0
$115,000
($10,000)

$315,000
$315,000
$0
$315,000
$0

$895,000
$868,500
$26,500
$853,000
($15,500)

$8,000
$10,000
($2,000)
$7,000
($3,000)

$3,000
$4,000
($1,000)
$6,000
$2,000

$4,000
$3,000
$1,000
$5,000
$2,000

$15,000
$17,000
($2,000)
$18,000
$1,000

$6,000
$5,000
$1,000
$5,000
$0

$7,000
$6,500
$500
$6,000
($500)

$8,000
$7,500
$500
$7,000
($500)

$21,000
$19,000
$2,000
$18,000
($1,000)

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

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

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

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

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

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

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

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

$85,500
$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

($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

$10,000

$11,000

$31,000

$11,000

$12,000

$15,000

$38,000

$14,000

$15,000

$16,000

$45,000

$15,000

$18,000

$15,000

$48,000

$162,000

$9,000
$1,000
$5,000

$10,000
$0
$6,000

$12,000
($1,000)
$7,000

$31,000
$0
$18,000

$15,000
($4,000)
$8,000

$13,000
($1,000)
$9,000

$14,000
$1,000
$10,000

$42,000
($4,000)
$27,000

$14,000
$0
$10,000

$15,000
$0
$12,000

$16,000
$0
$13,000

$45,000
$0
$35,000

$15,000
$0
$13,000

$18,000
$0
$14,000

$15,000
$0
$14,000

$48,000
$0
$41,000

$166,000
($4,000)
$121,000

($4,000)

($4,000)

($5,000)

($13,000)

($7,000)

($4,000)

($4,000)

($15,000)

($4,000)

($3,000)

($3,000)

($10,000)

($2,000)

($4,000)

($1,000)

($7,000)

($45,000)

$5,000

$5,000

$5,000

$15,000

$10,000

$10,000

$10,000

$30,000

$12,500

$12,500

$12,500

$37,500

$15,000

$15,000

$15,000

$45,000

$127,500

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

($3,000)
($8,000)
($25,000)

$2,000
($3,000)
($27,000)

($6,000)
($21,000)
($57,000)

$0
($10,000)
($15,000)

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

$7,000
($3,000)
($15,000)

$12,000
($18,000)
($45,000)

$12,500
$0
($33,000)

$12,500
$0
($25,000)

$12,500
$0
($25,000)

$37,500
$0
($83,000)

$15,000
$0
($30,000)

$15,000
$0
($20,000)

$15,000
$0
($20,000)

$45,000
$0
($70,000)

$88,500
($39,000)
($255,000)

$0

$22,000

$29,000

$51,000

$15,000

$20,000

$22,000

$57,000

$45,500

$37,500

$37,500

$120,500

$45,000

$35,000

$35,000

$115,000

$343,500

$45,000
$43,000
($2,000)
$125,000
($82,000)

$45,000
$42,000
($3,000)
$110,000
($68,000)

$40,000
$41,000
$1,000
$95,000
($54,000)

$40,000
$41,000
$1,000
$95,000
($54,000)

$40,000
$38,000
($2,000)
$85,000
($47,000)

$42,000
$40,000
($2,000)
$75,000
($35,000)

$45,000
$41,000
($4,000)
$65,000
($24,000)

$45,000
$41,000
($4,000)
$65,000
($24,000)

$48,000
$48,000
$0
$60,000
($12,000)

$52,000
$52,000
$0
$50,000
$2,000

$55,000
$55,000
$0
$40,000
$15,000

$55,000
$55,000
$0
$40,000
$15,000

$60,000
$60,000
$0
$35,000
$25,000

$65,000
$65,000
$0
$30,000
$35,000

$70,000
$70,000
$0
$25,000
$45,000

$70,000
$70,000
$0
$25,000
$45,000

$70,000
$70,000
$0
$25,000
$45,000

$100,000
$95,000
($5,000)
$80,000
$15,000

$105,000
$100,000
($5,000)
$85,000
$15,000

$110,000
$105,000
($5,000)
$90,000
$15,000

$110,000
$105,000
($5,000)
$90,000
$15,000

$115,000
$105,000
($10,000)
$90,000
$15,000

$120,000
$112,000
($8,000)
$100,000
$12,000

$125,000
$118,000
($7,000)
$110,000
$8,000

$125,000
$118,000
($7,000)
$110,000
$8,000

$125,000
$125,000
$0
$115,000
$10,000

$125,000
$125,000
$0
$105,000
$20,000

$120,000
$120,000
$0
$110,000
$10,000

$120,000
$120,000
$0
$110,000
$10,000

$115,000
$115,000
$0
$105,000
$10,000

$110,000
$110,000
$0
$95,000
$15,000

$100,000
$100,000
$0
$90,000
$10,000

$100,000
$100,000
$0
$90,000
$10,000

$100,000
$100,000
$0
$90,000
$10,000

$45,000
$47,000
$2,000
$65,000
($18,000)

$48,000
$48,000
$0
$63,000
($15,000)

$50,000
$49,000
($1,000)
$61,000
($12,000)

$50,000
$49,000
($1,000)
$61,000
($12,000)

$55,000
$51,000
($4,000)
$60,000
($9,000)

$55,000
$53,000
($2,000)
$58,000
($5,000)

$54,000
$54,000
$0
$55,000
($1,000)

$54,000
$54,000
$0
$55,000
($1,000)

$53,000
$53,000
$0
$48,000
$5,000

$52,000
$52,000
$0
$45,000
$7,000

$51,000
$51,000
$0
$45,000
$6,000

$51,000
$51,000
$0
$45,000
$6,000

$50,000
$50,000
$0
$47,000
$3,000

$50,000
$50,000
$0
$43,000
$7,000

$50,000
$50,000
$0
$42,000
$8,000

$50,000
$50,000
$0
$42,000
$8,000

$50,000
$50,000
$0
$42,000
$8,000

$250,000
$250,000
$0

$245,000
$245,000
$0

$240,000
$240,000
$0

$240,000
$240,000
$0

$235,000
$235,000
$0

$230,000
$230,000
$0

$225,000
$225,000
$0

$225,000
$225,000
$0

$300,000
$300,000
$0

$295,000
$295,000
$0

$290,000
$290,000
$0

$290,000
$290,000
$0

$285,000
$285,000
$0

$280,000
$280,000
$0

$275,000
$275,000
$0

$275,000
$275,000
$0

$275,000
$275,000
$0

Cash
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)
Inventory
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)
Accounts Receivable
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)
Net Fixed Assets
Budget
Actual
Budget variance (Actual – Budget)

Prior year
Prior year variance (Actual – Prior year)
Accounts Payable
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)
Long-Term Debt
Budget
Actual
Budget variance (Actual – Budget)
Prior year
Prior year variance (Actual – Prior year)

$230,000
$20,000

$230,000
$15,000

$231,000
$9,000

$231,000
$9,000

$234,000
$1,000

$235,000
($5,000)

$235,000
($10,000)

$235,000
($10,000)

$240,000
$60,000

$240,000
$55,000

$242,000
$48,000

$242,000
$48,000

$244,000
$41,000

$245,000
$35,000

$248,000
$27,000

$248,000
$27,000

$248,000
$27,000

$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

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

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

$50,000
$49,000
($1,000)
$45,000
$4,000

$50,000
$49,000
($1,000)
$45,000
$4,000

$55,000
$51,000
($4,000)
$65,000
($14,000)

$55,000
$53,000
($2,000)
$65,000
($12,000)

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

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

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

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

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

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

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

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

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

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

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