Operating budget,

Definition of Operating budget:

1. Estimate revenue and expenses of the company or organization from time to time.

2. A detailed estimate of all projected income and expenses based on projected income over a specific period (usually one year). It usually consists of several sub-budgets, the most important of which is the sales budget, which has already been prepared. Because the operating budget is short-term, it does not include investment because it is a long-term expense.

How to use Operating budget in a sentence?

1. We have an excellent and efficient operating budget that allows us to compete.
2. The operating budget has been increased for next year, which is a pleasure for the manager who distributes the resources.
3. If you want to calculate how much you can buy for a project, the first thing you need to know is your total operating budget.