Definition of Budget Expenditure

Either at the domestic level or in another a little more extensive, such as the economy of a company or a country, budget is a tool fundamental and very useful when it comes to helping us to know specifically the amount of money we have in a given period of time, since it calculates both the income as the expenses that we will have in a specific period of time.
Then, the budgetary expenditure will be precisely that expenditure, disbursement of money, which will be made in a period of time.

It is worth noting that the rule It is usual for companies, as well as countries, to prepare their budgets annually, that is, In this 2014 they already foresee all the expenses and benefits of the next year and based on this the budget.

In the specific case of nations that enjoy a democratic political system, the budget is made by the officials of the Ministry of Finance and after that it must be controlled and voted for approval in the parliament. When the ruling party is the majority in the

congress It will basically be an administrative procedure, although of course, it should not be like that because we are talking about state money, what it will be spent on, what not, etc. and you must be more cautious.

In the case of individuals, it is usually recommended that something similar be done and then the budgetary expenses are based on the average that was spent the previous year.

Any amount of money that comes out of our pocket, whether in a company or in a house, will then be an expense and must be taken into account as such.

Now, in the case of a company, specific expenses will be considered all those inherent to the wages of the workers who work in it as well as social charges and coverage for Health thereof.
Another of the typical expenses within a company are the tools and equipment that are used yes or yes to carry out the activity. From paper, pens, notebooks, to computers, telephones, photocopiers, among others.

And another of the relevant expenses, especially for those companies that market products of consumption massive, is the one corresponding to the advertising and that, as we know, involves thousands of pesos. Even when the product or brand is hyper installed in the market, advertising is necessary to always keep it first in front of the competence.

Topics in Budgetary Expenditure