Finance Toolkit (PDF)

Budgeting is the key to financial management. This toolkit will help you plan, develop and use budgets effectively in your organisation. If you have a sound understanding of the principles of budgeting, you will be well on the way to sound financial management.

Who should use this toolkit?

This toolkit is aimed specifically at people who are faced with the task of budgeting, but have had little or no experience with budgeting in the past. 

What is included in this toolkit?

This toolkit provides guidelines on the different types of reports required and how to develop and monitor these reports. It includes tips for estimating costs and revenue as well as ensuring that your reports meet the needs of your organisation.

Different types of reports will help an early education and care service analyse past performance, plan for the future, set fees, regularly monitor finances and summarise its financial position. The financial reports included in this toolkit are:

• Budgets
• Balance sheet
• Profit and loss statement
• Cash flow forecast

*Please note this toolkit is a PDF*