}
Know How

Annual Budgeting

Step 6: Finalising Budget

  • Get feedback from the leader(s) and the board, once the first draft is created.
  • Get their feedback and make changes if required.
  • Have the budget double checked by someone else, internal or external, to be sure that there no mistakes in numbers or formulas.
  • Keep one master copy of your budget “frozen” or read- only so that no one can accidentally change formulas, etc.