Budgets for Zoho Expense
Allocate budgets to control spending
Zoho Expense lets you create multiple budgets, restrict employees from going overboard with expenses, compare them with actual spending, and helps you control expenditure.
Allocate budgets
Set up budgets to control your expenditure. Create budgets for expense categories or expense types and allocate them for specific periods, be it monthly, quarterly, half-yearly, or yearly.
Assign budgets to users
You can also create budgets for specific users in order to keep their spending in check. Once done, you can view their individual spending and compare it to the set budget to understand whether they are under budget.
Compare budgets with actuals
Just setting up budgets isn't enough. You should also be able to see where you stand with respect to actual spending. With the budgets vs actuals analytic report, get to know if you're on track with your spending, right from your dashboard view.
Auto-fill budget amounts
Apart from manually entering the budget amount for each category or type, you can enter it for the first period and auto-fill the values for the other periods. You can fill in fixed values, adjust by amount, or adjust by percentage.
Avoid overshooting the budget
Warn users when they are about to reach the budget limit and block them from adding further expenses when their budget limit is breached. You can even block approvers from approving expenses when the organization's budget is crossed.