Budget Ease is an innovative open educational resource designed to transform the cash flow budgeting process for students and educators. Leveraging Microsoft Excel as its foundational template, Budget Ease streamlines the preparation of cash flow budgets and facilitates accurate responses to cash flow-related queries. This intuitive tool requires the entry of essential data, including company name, year, quarter, cash receipts, cash payments, and opening cash balance. Subsequently, Budget Ease generates a comprehensive cash flow statement for the specified quarter. The tool significantly reduces the time required for manual calculations, offering substantial time savings. Its user-friendly interface is tailored to individuals with a background in accounting or finance, ensuring ease of use and understanding. Consequently, users can focus on analyzing cash flow trends and making informed decisions rather than being encumbered by time-consuming data processing tasks. Future enhancements of Budget Ease aim to extend its functionality to cover annual cash flow, enabling users to gain insights into long-term trends and improve financial forecasting. By continuously innovating and incorporating user feedback, Budget Ease aspires to enhance students' proficiency in preparing cash flow budgets, ultimately fostering financial literacy and success in both academic and professional contexts.
| Item Type: | Book Section |
|---|---|
| Creators: | Creators Email / ID Num. Wan Mohamad Noor, Wan Nurul Basirah basirah66@uitm.edu.my Mahamud, Mohd Hisham mohdhisham@uitm.edu.my Tumiran @ Kamal Nasser, Siti Dalina UNSPECIFIED Abd Razak, Siti Noor Azmawaty azmawaty588@uitm.edu.my |
| Subjects: | H Social Sciences > HF Commerce > Accounting. Bookkeeping > Data processing. Including accounting machines, automated accounting systems, and accounting software L Education > LB Theory and practice of education > Educational technology |
| Divisions: | Universiti Teknologi MARA, Johor > Pasir Gudang Campus > Academy of Language Studies |
| Series Name: | Pioneering Educational Perspectives: Series 2025 |
| Event Title: | Pioneering Educational Perspectives: Series 2025 |
| Volume: | 1 |
| Page Range: | pp. 9-14 |
| Keywords: | Budget ease, Budgeted cash flow, Microsoft Excel, Financial management, Open educational resource (OER) |
| Date: | 2025 |
| URI: | https://ir.uitm.edu.my/id/eprint/144769 |
144769.pdf
