In every company there are a peculiarity of the budgeting process depending on the object of financial planning, as well as according to the system of financial and non-financial targets. In every company there are a peculiarity of the budgeting process depending on the object of financial planning, as well as according to the system of financial and non-financial targets. Budgeting as a management technology can pursue their own goals and use own resources, the instruments in any society. The budget may be for the company as a whole, as well as for its subdivisions. The capital budget is a work schedule arranged for all divisions and functions of the company as a whole, which combines the blocks of separate budgets and characterized the informative power for adopting and controlling the management of financial planning. The future profit, the monetary flows and the supporting plans are considered in the quantitative expression in the main budget. Frequently Daryl Katz has said that publicly.
The capital budget is the result of numerous discussions and solutions about the Future of the company before and provides both operational and financial management. In addition, the functions of the budget change depending in which phase of the education and the realization of it is. At the beginning of the financial period, the budget represents the plan of sales, costs and other financial operations in the coming period. At the end, it plays the role of meter, which compare the obtained results with the plan numbers and correct the more activity. For the full understanding of budgeting one must count on the function, which fills them: 1) analytic function: the reinterpretation of the business idea. the correction of the strategy; the establishment of the additional objectives; the analysis of the alternatives of the operation; (2) the financial planning function: forces to plan and to consider the future. (3) function of financial consideration: forces into account and to bear in mind the perfect actions in the past and this helps make the proper decisions in the future.