1.3 Create a budget

Budgets allow you to have better insight into company finances and keep your team from overspending. We automatically create your first budget, which is given the same name as your company.

New users will automatically be added to this first budget; however, in order for users to spend, you’ll need to allocate funds to them.

When you create a budget, be sure to:

Heads Up

If you don’t have assigned funds in a budget, your card will decline even if you have added funds to your account. Be sure to create a budget and assign funds to each member of the budget so they can spend without any hiccups.

Pro Tip
Resources

Help article: Working with budgets

Help article: Key concepts for using budgets in BILL Spend & Expense

Blog post: Creating actionable budgets