Which software application should be used when preparing a budget

Spreadsheet software

Explanation:

There are multiple spreadsheet software and you have to first evaluate the software you already have on your computer and the requirement of your organisation. For most business budgeting purposes, a general spreadsheet program, such as Microsoft Excel, will be the best tool for creating a business budget.

Spreadsheets are useful because it can easily help with complex calculations and you can see at a glance all the in-comings and out-goings and changes can be automatically updated in calculations by the spreadsheet making preparing a budget stress-free.