formalizes the whole budget system into one single final document in which all the operational budgets flow; its goal is to draft the main economic and financial statements. However, dependent upon the individual or geographic location, is variously contains the cash budget only; or the income statement and the balance sheet combined; or the income statement and the balance sheet and the cash budget combined.

In accounting, the overall operating and financing plans for a company during a specified accounting period. Also known as performance plan.

A budget that summarizes the planned activities of all sub-units of an organisation.

a formal overall plan for a company

The comprehensible budget plan encompassing all the individual budgets related to sales, cost of goods sold, operating expenses, capital expenditures, and cash.

The document that consolidates all other budgets of an organization into an overall plan, including the projection of a cash flow statement and an operating statement for the budget period as well as a balance sheet for the end of the budget period. Syn: static ­budget.