Long term plans are always arranged into small portions and equal time intervals within a year. The annual budget is the result for the short term plan. Long term plans, conducting business strategy by setting short-term strategies in detail, it is the job of the State budget. TFH out clear objectives to achieve the results desired by setting the annual budget. To achieve this, the objectives and the action must be clear and well defined.To bring to the success and financial activities in the budget development TFH is an essential factor. Because when analyzed and projected resources TFH in the review process, the development and approval of the budget to spend lots of time. Take time and material more than others in the method of budgeting. To develop effective budgets need to recognize the characteristics of the different categories to help select the right way for solving TFH companyThe material includes the following simple name: supplies, materials, production materials, and store stock. To meet the production materials and have enough to export the budget to have material about specific source material. (Management accounting website, n. d.)The budget must be purchased materials, direct calculation by time period, complete the requirements of the production budget of a full way. The products are sold in a business will the costs incurred by the company, so need to carefully compiled.
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