Two Utilities of Budget are :
1. Source of Motivation : Budget represents the 'milestones' to be reached. It tells the management what efforts and results are expected. Budgets become the goals or targets to be attained. It motivates them to work hard in order to achieve the target represented by the budget.
2. Coordination : Budget force executives to think as a group. Therefore, they help in achieving co-ordination between different departments of the enterprise. It is possible to fix the divisional or departmental target so that all divisions or departments may work harmoniously.