Como afecta la liquidez en el presupuesto de pago a los proveedores de la empresa Elliot Corporation.

Abstract

The budget is an important tool, necessary and obviously widely used in companies, since, first, it sets a goal and the objectives that the company wants and can achieve, it can be said that one of its main functions is to forecast difficulties, avoid short-term mistakes and thus react in time to any eventuality. In the realization of this work the descriptive method was used where the practical case to be solved was detailed. The objective of this paper is the determination of the cash payments that the company "Elliot Corporation" will have to cancel monthly establishing a calculation period of six months, including from January to June. The budget starts with the calculation of the purchases of raw material for the month of December of the previous year, so that in this way we obtain, for the company, the first value in the preparation of the monthly budget for the new year. Subsequently, the values that must be paid in the month of June to Elliot's sales force for commissions are established. Finally, once the budget has been drawn up, it is established with complete certainty that the company "Elliot Corporation" has sufficient liquidity to cover all the payments that it will have to cover monthly. In this way the manager of the company has a strong support for the development of its administrative management.