Cash budgets are typically created monthly, with a quarterly or semi-annual budget period. This is an estimate of your cash flow for a month to reflect your balance at the end of each month.
The main purpose is cash management to reconcile your income and payments and get the surplus you need at the end of each month. Budgeting helps you plan how you spend your money so you always have enough money for the things you need or care about.
If it turns out that your income for a particular month cannot be covered by your available income, the budget will timely notify you with a negative number about the need to arrange additional funding from an outside source.
Learn more about budgets at
https://brainly.com/question/6663636
#SPJ4
