Budgets are created for secure cost sharing. All Budgets are connected to a Primary Account from which payments are made. You can issue many cards, set limits, and put members in charge within a Budget. Only owner and administrators can create Budgets. Creating a new Budget takes a few clicks:
Go to the Budgets section and click Create Budget
Once you click the button, you'll need to make up a name defining department, team, or primary aim of the Budget.
The next step is writing a short comment on the purpose of Budget spending.
After setting the purpose of Budget, choose a type of limit. The limit type implies restrictions on the expenses period. You can choose from a drop-down list you can see below: daily, monthly, yearly, lifetime, transaction, or you even can make it limitless.
Finishing with a Set Budget limit section, set spending limits. Determine for yourself what budget will be allocated to this department or project, and enter the number in the Limit Amount field.
Before the last step, review your settings and then click Create.
Your new Budget appears in the full list of Budgets.