rolling budget

Not many really 🙂

The main one is that it is time-consuming the have to produce it every month.
Also, the fixed budget does give an overall target profit to aim for, whereas the budget profit keeps changing with a rolling budget.

Finally, the fixed budget is useful for planning resources needed over the coming year. A rolling budget is not as easy to use for that purpose.

You are welcome 🙂

It is prepared the same way as a normal budget except that it is prepared every month, for the following twelve months.

So every month it means updating the 11 months that have already been budgeted and adding one extra month.