Actual cost – What the item actually costs.Projected expense – How much you think it will cost (can use vendor quotes here).Item description – Any pertinent details that apply to the budget.If you decide to create your own budget spreadsheet, you’ll need the following columns: The biggest advantage to a custom spreadsheet is that you can tailor it to your specific preferences and needs. There are plenty of event planning software tools worth exploring, or you can set up your own spreadsheet. Managing a budget in your head isn’t feasible, so you’ll need a tool. Your first step is to prepare a budget document to track your costs.
