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Can anyone explain zero budgeting
From India , Bhopal

Zero based Budgeting would mean that you do not have any previous expense pattern based on which you could predict your future expenses or revenue. You would have to start budgeting from scratch by estimating the amount that would be spent for each and every expense head. You would need to take the revenue from Sales Head/Manager who would provide the Sales Forecast taking into account the market conditions and revenue generated by competitors of similar product.
From India , Pune
And a zero based budget doesn't mean that your checking account has to equal zero- it is based on the premise that every dollar has a place to go, and every one of them is accounted for- leaving a "balance of zero". Good luck!
From Pakistan , Lahore
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