Introduction Budgets are integral parts of planning for business and attaining its perceived objectives. Accordingly business activities involving future planning use the budgetary control process. Different types of budgets to serve business purposes are in vogue, but uses of some budgets that are invariably used by businesses are taken up in detailed manner in this write up. Sales Budgets Sales budget is an estimate of expected sales revenue for ensuing financial period. Estimates of sales are budgeted on the basis of variety of factors like earlier period sales, production capacities, existing and expected sales environments, economic factors like trade policies of the Governments, seasonal fluctuations, entity’s capacity to create new markets, financing, advertisements and other marketing plans, and many other factors. As per Hermanson and others (p. 879). “The cornerstone of budgeting process is the sales budget because the usefulness of entire operating budget depends on it.” Some important uses of sales budget are enumerated as under:   * Sales budget is a mother budget as all other estimates of production and/ or trading, marketing, financing including cash flows, and other business activities are based on sales estimations.   * Capital expenditure decisions make use of expected sales revenue in all its techniques like payback method, net present value, and internal rate of return.   * Banks and other financial institutions provide funds to business on basis of budgeted sales revenue.   * Wage structure and other direct production expenses have direct relation to budgeted sales.   * State economic policies are planned as per rise or decline of budgeted sales of various industries as such economic and trade policies help generating demand in the economy. Production Budget Production budget is an estimate of item wise production and chalk out timely production plans spreading over the period. Sales budget, availability of production resources and changing manufacturing technique influence production estimates. Uses of production budgets are as under:  1. Production programs as organized in production budget become the basis of calculations of direct material costs, direct labour costs, and production overheads. In others words, material budget, direct labour budget, and factory overhead budgets get inputs from production budgets. Sometimes these budgets become part of a composite production budget.  2. Production budget greatly influence economic ordering quantity (EOQ) of purchases and thus helps in economization of resources at disposal.  3. Production budget provide a number of cost centers that help in costs collections and decision making of absorption of factory overheads under activity based costing (ABC) method of cost absorption.  4. Production budget provides input to assess plant capacity in order to avoid over or under utilization of plant. Such quality control measures enhance marketability of products.  5. Production budget helps in effective utilization of resources bringing down the cost of production to possible extent without affecting quality. Sometime sales estimated are rephrased using inputs from production budgets in order to maxim