Business Budgeting Software Guide: Budgeting Software for Small to Enterprise Business
Snyder
DECEMBER 21, 2022
Usually, a business works out a general budget for the whole company. Also, each department might have its budget (like marketing, sales, the IT department, if you have one, financial, etc.) So, the general budget encompasses all those departmental budgets. Gross Profit Margin = ((Net Sales – COGS) / Net Sales) * 100.
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