In this article, you will learn how to create a budget in Divvy. If you are approved for a traditional Divvy account, your company will have a single budget. All new users will be added to this budget without a spend limit. If you have a Credit Builder account, you will need to create your first budget and pre-fund your account to spend within that budget or any other budgets you create.

You can use Divvy with a single budget or create multiple budgets to categorize company spending by purpose, department, event, or other expense category.

Note: Budgets will only retire if there is an expiration date or if you manually delete the budget.


Web

Jump to Mobile steps

  1. In the Divvy Navigation Menu, click the Budgets link.

Budgets Link

2. Click the Create New Budget button.

Create New Budget Button

Enter Basic Information & Timeline

1. In the Budget Name field, enter a name for your budget [1].

2. In the Limit field, enter the amount that can be spent from the budget [2]. The limit is the total amount of funds that can be spent by budget members and cards within the budget.

3. To allow a buffer for the spend limit, click the Set a buffer checkbox [3]. The buffer will allow spenders to exceed the budget limit if approved by a budget owner.

Enter Budget Name and Limit

4. In the How often do you want the limit to reset drop-down menu, you can select an interval for the budget [1]. Budget limits can reset monthly [2], quarterly [2], yearly [3], or never [4].

If you select a monthly, quarterly, or yearly reset, budget funds will reset on the first of the month according to the interval that you select. If you select the option to never reset, budget funds will not reset but can be adjusted manually.

5. If you selected a quarterly or yearly reset for the budget, you can select the month that the budget will reset next in the When do you want the limit to reset next? drop-down menu [1]. The ongoing periods for the budget display in the Ongoing Periods section [2].

6. To set an expiration date for the budget, click the Set an expiration date checkbox and enter the date. On this date, that budget will automatically be retired, no one will have access to the funds in that budget, and all funds will be removed from people and cards in the budget. Once a budget is retired, it cannot be reinstated.

7. To move to the next page, click the Next button.

Manage Budget Roster & Funds

  1. To add budget owners to your budget, click the Add budget owners link [1]. Budget owners can add people, send funds to members, and approve payments within the budget. Only owners and admins can create virtual vendor cards. You must add at least one budget owner to the budget.

  2. To add budget members, click the Add budget members link [2]. Budget members can spend from funds within the budget that they are assigned and sent or from funds assigned to them.

  3. To automatically add new Divvy users to this budget, click the Automatically add new people to this budget when they are added to Divvy checkbox [3].

Learn how to add employees in Divvy.

Add Budget Owners and Members

4. In the Shared funds section, select how you would like to manage shared funds in your budget.

  • Owners only [1]: Budget owners have direct access to available spending funds. Budget members have to request funds or have funds assigned to them in order to spend.

  • Everyone [2]: Budget owners and budget members can spend from all available funds in the budget.

  • Off [3]: Budget owners and budget members must be assigned funds by an admin in order to spend.

Learn more about shared funds.

5. To move to the next section, click the Next button.

Review Budget

In the How are things looking? section [1], you can review budget details and roster. To edit budget information, click the Edit link for the Name, limit, & timeline section [2] or Roster & funds management section [3].

To create the budget, click the Create Budget button [4].

Select Budget Interval

Edit Budget

To edit your budget, click the Options icon from the Budget Snapshot page [1]. Then click the Edit budget settings link [2].

Edit Budget Settings

Mobile

  1. In the Mobile Navigation Menu, click the Add icon.

2. Tap the More actions link [1]. Then tap the New budget button [2].

More Actions Link
Create New Budget Button

3. In the Budget Name field, enter the name of the budget [1]. To set recurring limit for the budget, tap the Recurring Limit field and enter the limit amount [2]. The limit is the total amount of funds that can be spent by budget members and cards within the budget.

To set a recurring buffer for the budget, tap the Recurring Buffer field and enter the buffer amount [3]. The buffer will allow spenders to exceed the budget limit if approved by a budget owner.

Enter Budget Name - Mobile

4. In the How often do you want the limit to reset drop-down menu, select a timeline for the budget [1]. Budget limits can reset monthly [2], quarterly [2], yearly [3], or never [4].

If you select a monthly, quarterly, or yearly reset, budget funds will reset on the first of the month according to the interval that you select. If you select the option to never reset, budget funds will not reset but can be adjusted manually.

Select Budget Timeline

5. If you selected a quarterly or yearly reset for the budget, you can select the month that the budget will reset next in the When do you want your funds to reset? drop-down menu [1]. In the Next Reset Date window, tap the month when you want funds to reset next [2]. The ongoing periods for the budget display in the Ongoing Periods section [3].

Select Next Reset Date

6. To set an expiration date for the budget, tap the Expiration field [1]. To manage shared funds for the budget, tap the Shared Funds field [2]. To allow budget members to send funds without budget owner approval, tap the Transfer Funds field [3].

Budget Settings - Mobile

7. To add budget owners to your budget, tap the Owners field [1]. Budget owners can add people, send funds to members, and approve payments within the budget. Only owners and admins can create virtual vendor cards. You must add at least one budget owner to the budget.

To add budget members, tap the Members field [2]. Budget members can spend from funds within the budget that they are assigned and sent or from funds assigned to them.

Learn how to add employees in Divvy.

Add People to Budget - Mobile

8. To save your budget, tap the Save link.

Save Budget - Mobile

9. To edit your budget, tap the Options icon and select the Edit budget link [2].

Edit Budget Mobile

If you have additional questions or need help with using Divvy, please view our other Help Center articles or contact the Divvy Support team.

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