SITXFIN003 Manage finances within a budget Report Writing

Create a report answering the questions below and as a simulated workplace activity present it to your trainer
1. Obtain a copy of an expenditure report from an organisation and create a pie chart/graph showing the percentages of expenses against total expenses

Use the Chart function on Word/Excel and create a chart like below

2. What would you do if an expense is running over budget? What would be your contingency plan?
Research ‘How to cut cost in a business’

3. Research and write up a mock purchase summary report for recent supplies to a Café or restaurant.
Research – ‘Purchase order report sample’ Include at least 5 items in the report

4. Organise a budgeting meeting with staff in order to discuss the setting of priorities for an
upcoming budget. Give a brief outline of what you would discuss in the budgeting
meeting.
Research ‘topics to discuss in budget meetings’

5. Create a 3 month budget for setting up and outfitting the inside of a new Café or
restaurant.

•  What Equipment would you need?(list at least 10 equipment)

Research – ‘coffee shop equipment list’

•  How much would it cost?

Research – ‘Cost of setting up a café business’

•  How could you improve the budgeting process?

Research –‘ How to improve the budgeting process’