How to set a budget and compare budget vs actual

Step 1: Open Budget

In Expenses and Procurement, open the Budget tab and choose the month. The cards show your Total Budget, Total Spent, what is Remaining, and how many categories are Over Budget or have reached their limit.

Step 2: Create a budget

Press Create Budget. Choose the expense Category, enter the Budget Amount for the month and set the Alert Threshold - you are notified when spending reaches that percentage (90% by default). Press Create Budget.

Step 3: Compare budget vs actual

Scroll down to Budget vs Actual Spending, which shows each category's budget beside what you really spent, and Budget Categories, which shows whether each one is on track, close to its limit, at the limit or over budget.

Good to know

• Budgets are monthly and carry forward to the next month automatically - change them whenever you need.
• Expenses count towards a budget by their category, so pick the right category when you record them.