Microcomputer budget management system

TL;DR: The Microcomputer Budget Management System (MBMS) as discussed by the authors is a microcomputer software that facilitates storage and use of information for corp and livestock enterprise budgeting, including internal machinery and irrigation cost.

Abstract: tion systems, and marketing strategies. The enterprise budget, whole farm cash Budgeting is widely used in economic reflow, and income statement are fundamental search, policy evaluation, investment-project tools of farm and ranch management. The evaluation, and production management. Ap"Microcomputer Budget Management Sys- plications range form aiding very specific tem" (MBMS) is a microcomputer software management decisions to government policy package that facilitates the storage and use implications. of information for crop and livestock budg- A continued cost-price squeeze, fluctuating eting. It performs the calculations for severa input and output prices, and changes in techenterprise budgeting formats and for prepa- nology increase the demand for timely enration of whole farm resource use reports errise and finnil inform and financial statements. The MBMS also includes internal machinery and irrigation cost Computerized budget generator systems are calculation routines. one means of providing reliable, consistent, MBMS was developed for use by extension and up-to-date cost and return information. staff, researchers, lenders, consultants, and This paper describes microcomputer budget operators of diversified farms and ranches software, compares its capability to other with many enterprises that use enterprise and programs, illustrates reports through partial whole farm budgeting for analysis and plan- examples, and describes cost calculation proning activities. The flexibility and detailed cedures used by the software. nature of the program requires the user to have knowledge of enterprise budgeting and operation of complex computer programs. DESCRIPTION OF SOFTWARE This paper presents a discussion of the features and capabilities of the software and the The Microcomputer Budget Management computational procedures used in the cost System (MBMS) is a microcomputer software calculations. package that facilitates storage of information for corp and livestock enterprise budgeting.