If financial managers want to do a good job in budgeting, they need to do the following:

First, in the preparatory stage of the budget work.

In the preparation stage of budget work, we mainly pay attention to two aspects of preparation, one is the preparation of personal knowledge and skills, and the other is the data, materials and work team about budget.

On the one hand, it depends on whether one's knowledge and professional preparation are sufficient, on the other hand, one should make good preparations for work, such as whether to hold a budget preparation meeting or not, and whether to train the heads of various departments and relevant personnel in budget work. It is particularly important to consult all kinds of budget-related information and data of the company and determine the focus of budget formulation.

Second, start budgeting.

When preparing the budget, the work should be professional, but the implementation process should be as easy to understand as possible, and the communication should be transparent and clear.

In the process of work communication, some are more important. Financial personnel should not only find out the information and data reported by each unit, but also refer to the information and data of previous years in order to know fairly well.

Third, budget discussion is the focus and difficulty of communication.

After each unit reports the budget plan and related materials, it should also be summarized together for budget discussion so that all parties can fully communicate the budget work.

Fourth, there are always great problems in the process of budget implementation.

When financial personnel reconcile some contradictions in the budget, they mainly use budget tools, such as annual budget, quarterly and monthly budget, rigid budget and flexible budget. And make use of the advantages of various tools to make up for the shortcomings, thus solving the problem.

Verb (abbreviation of verb) Evaluation and summary of budget work

We should sum up the budget work every year and sum up more experiences, gains and losses. Although we can't complete the budget preparation smoothly every time, we can try our best to make the budget preparation smoother and let the budget really play its due role.