Rolling Budget
Definition
A Rolling Budget is a financial plan that is continuously updated by adding a new period (month, quarter, etc.) as the current period concludes, ensuring constant financial planning foresight.
Usage and Context
A rolling budget is constantly updated by adding new periods as current ones are completed.
Frequently Asked Questions
What is the meaning of rolling budget?
A rolling budget is a dynamic financial plan that continuously updates by adding a new period as the current one ends.
What is a rolling forecast budget?
A rolling forecast budget is regularly updated by adding a new period as the current one ends, providing ongoing financial planning.
What is the rolling budget cycle?
It's a budgeting process that is continuously updated by adding new periods as time moves forward.
Related Software
Adaptive Insights, Prophix
Benefits
A rolling budget continuously updates financial plans by adding new periods as old ones end.
Conclusion
A rolling budget is continuously updated by adding new periods to keep financial planning current.
