INTERNATIONAL INSTITUTE FOR

SPECIAL EDUCATION
Primary project on Budgeting of a company setup

SUBMITTED TO: SUBMITTED BY:

Mr. TARUN BOSE ABHISHEK KR. YADAV
1548
PGDM 1st Yr
 DECLARATION

I hereby declare that the project work entitled “Budgeting ” submitted to the IISE
is a record of an original work done by me under the guidance of Mr. Tarun Bose,
Faculty Member, and this project work has not performed the basis for the award
of any degree or diploma/associate/fellowship and similar project if any.

Abhishek Kumar Yadav

1548
 ACKNOWLEDGEMENT

I Abhishek Kumar Yadav, using this opportunity to express my gratitude and

thanks to Mr.Tarun Bose for his support and guidance during the project. Without
his valuable advices and criticism this can’t be happen.

Further I would like to express my thanks to everyone who supported me

throughout the project of this “Budgeting ” based project of Management
Accounting. I am thankful for their aspiring help, valuable criticism and advice
during the project work.

Again I would like to express my thanks to IISE (International Institute for Special
Education) for providing me this platform.
 INTRODUCTION
ABHI Software Solutions is the leading information technology consulting,
services, and business process outsourcing organization that envisioned and
instigated the adoption of the flexible business practices that today enable our
client companies to operate more efficiently and produce more value. ABHI
Software Solution’s strength lies in perceiving the client’s business processes,
culture, vision and goals across the industry segments and offering client oriented
solutions, which are highly reliable. We are to provide consulting and IT services
to clients - globally as partners to conceptualize and realize technology driven
business transformation initiatives. With a rare mix of domain, technology &
project management experts, we bring the most complete team to bear on every
project we take on. Business & technology experts, from some of the best
universities in the country, bring invaluable insights and expertise into their areas
of expertise. Industry veterans, who laid the foundation of the offshore services
business, form the backbone of our leadership team. In a business model where
people are the growth drivers, we are endowed with one of the most enviable pool
of talent from across the country. With a presence in 5 countries, we have presence
in regions such as America, Asia, Europe & the Middle East. While our strong
sales & marketing presence across the globe gives us the ability to strengthen
existing relationships, build new ones & enter new markets. On the other hand, our
alliance partners give us an extended reach into markets where we do not have a
direct presence.

ABHI, an Indian company, is the leading information technology consulting,

services, and business process outsourcing organization. It envisioned and
instigated the adoption of the flexible business practices, to operate efficiently and
produce more value. ABHI Software Solution’s strength lies in perceiving the
client’s business processes, culture, vision and goals across the industry segments
and offering client oriented solutions which are highly reliable.

PROPOSED BUDGET
We have budget of Rs 10,00,000.
List of items to be purchased:
1. Laptop
2. Air Conditioner
3. LED bulbs
4. Tea & coffee maker
 5. Office chair
6. Office Table
7. Table Clock
8. Dustbin
9. World Globe
10. Telephone

Purchase order with quotations

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.

Aactual Budget
Rs 3,82,086
S. Particulars Price(Rs Quan Total
No. ) tity
1. Laptops 20,570 10 2,05,700
2. Air Conditioner 28,207 2 56,414
3. LED bulbs 709 1 709
4. Tea & coffee 1,499 1 1,499
maker
5. Office chair 3,700 10 37,000
6. Office Table 7,866 10 78,660
7. Table Clock 275 1 275
8. Dustbin 399 1 399
9. World Globe 180 1 180
10. Telephone 850 1 850
11. chair 400 1 400
Total 3,82,086

Summary
The company is a software development company. It
is just aa starting , so 10 people will work in starting .
The setup and infrastructure will be changed
according to the work in future. The company finalise
its setup in very low budget, rest of the amount
company will use in advertising salary of employees,
rent of office, electricity bills etc.