financial budget for adwa travel in year 2013

7/30/2019 Financial Budget for Adwa Travel in Year 2013

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( ROC 159698-T ) KPL/LN 1046

FINANCIAL BUDGET FOR ADWA TRAVEL IN YEAR 2013

Every year we have plan in our budgetary process in order to achievecompany goals, budgets are used to investigate variances of ourcompany.

There are basically two types of budgets, a capital expenditure budgetand operating budget:

1. Capital expenditure relates to costs associated with plant andequipment. This is equipment that generally lasts for more thana year such as a copy machine.

2. Operating budget, which is related to the normal day-to-dayoperations and expenditures such as payroll, supplies, andmiscellaneous. There are two types of budgets within anoperating budget, sales budgets and expense budgets:

* Below are our statements of operation

No. 2-1, Lorong 6C/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur, Malaysia.

Tel. No. : +603 – 9286 7544 Fax. No. : +603 – 9286 7555

Email :[email protected] Website : http://www.adwatravel.my

mailto:[email protected]




( ROC 159698-T ) KPL/LN 1046

Statement of Operations

for a period of: January – Dicember 2013

Month YTD

Customer Service Budget Actual

Variance: B/(W) Budget Actual

Variance: B/(W)

Pa y r

o l l

Payroll Expenses120,000.0

0 115,000.00 5,000.00720,000.0

0710,000.0

0 10,000.00

Employee Bonus 1,000.00 1,000.00 0.00 6,000.00 5,000.00 1,000.00

Employee Overtime 1,500.00 5,000.00 (3,500.00) 9,000.00 28,500.00 (19,500.00)

Total Payroll122,500.0

0121,000.0

0 1,500.00735,000.0

0743,500.0

0 (8,500.00)

Fri n g

e

Fringe Benefits 300.00 350.00 (50.00) 1,800.00 1,500.00 300.00

Refreshments/Soda/etc. 50.00 70.00 (20.00) 300.00 150.00 150.00

Employee Appreciation 100.00 250.00 (150.00) 600.00 400.00 200.00

Total Fringes 450.00 670.00 (220.00) 2,700.00 2,050.00 650.00

Tr a v

e l

Meals 100.00 70.00 30.00 600.00 700.00 (100.00)

Hotel 250.00 200.00 50.00 1,500.00 1,400.00 100.00

Auto Rental 150.00 125.00 25.00 900.00 800.00 100.00

Airplane Tickets, , etc 500.00 750.00 (250.00) 3,000.00 7,200.00 (4,200.00)

Total Travel 1,000.00 1,145.00 (145.00) 6,000.00 10,100.00 (4,100.00)

Pr o

S e

r v i

c e

Recruiting Fees 750.00 800.00 (50.00) 4,500.00 4,700.00 (200.00)Professional Fees 200.00 100.00 100.00 1,200.00 700.00 5 00.00

Legal Fees 75.00 0.00 75.00 450.00 100.00 350.00

Total Professional Fees 1,025.00 900.00 125.00 6,150.00 5,500.00 650.00

G e n

e r

a l

Employee Training 2500.00 3000.00 (500.00) 30,000.00 32,000.00 (2000.00)

Miscellaneous Expense 200.00 150.00 50.00 1,200.00 1,500.00 (300.00)

Project Materials 100.00 250.00 (150.00) 600.00 400.00 200.00

Equipment Rental 50.00 0.00 50.00 300.00 0.00 300.00

Postage and Delivery 50.00 45.00 5.00 300.00 270.00 30.00

Software License Fees 800.00 800.00 0.00 4,800.00 5,000.00 (200.00)

Outside Services - Other 100.00 50.00 50.00 600.00 500.00 100.00

Telephone 200.00 200.00 0.00 1,200.00 1,200.00 0.00Cellphone 200.00 200.00 0.00 1,200.00 1,200.00 0.00

Utilities 300.00 300.00 0.00 1,800.00 1,800.00 0.00

Supplies 100.00 150.00 (50.00) 600.00 700.00 (100.00)

Total General 2,500.00 2,645.00 (145.00) 15,000.00 15,570.00 (570.00)

Total Operating Expenses127,475.0

0126,360.0

0 1,115.00764,850.0

0776,720.0

0 (11,870.00)

Prepared by


Tel. No. : +603 – 9286 7544 Fax. No. : +603 – 9286 7555






( ROC 159698-T ) KPL/LN 1046

Zaiti Hayumi Abd HamidFinancial Account Department

April 23, 2013

Dear Prof. Lissette Rubiano,

Your role in the department is quite outstanding and really to be appreciated. This was

shown at the last professional talk in Shah Alam, Selangor that I have attended on Januarythis year. After your enlightening talk, one of our representatives have made up their mind

to invite you to give the same talk or maybe with more informational talk to be shared withus.

We would like to have my employees to listen to a similar talk since some of our

members have some questions or maybe the opportunities to share your experienceespecially in improving our social skills. Specifically, we want to know what

characteristics or skills that are available that can be implemented by our employee

members in terms of taking care of our customers and our image.

Will you please be our guest speaker at our first leadership course on October 15, 2013 at

PNB IlhamResort, Port Dickson. By accepting this invitation, you will acquaint our

employees with the various opportunities for improving their social skills andcommunication skills, and this will encourage them to do a better job after the end of the

course.

We will look forward to your being with us at 9:00 a.m. on said date , together I have

attached our tentative program .

………………………………………..

HaneszahAdlinaBtMohdHanepahPresident, Adwa Travel & Tours


Tel. No. : +603 – 9286 7544 Fax. No. : +603 – 9286 7555






( ROC 159698-T ) KPL/LN 1046


Tel. No. : +603 – 9286 7544 Fax. No. : +603 – 9286 7555




financial budget for adwa travel in year 2013

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