When it comes to managing budgets in Divvy, there are two primary pieces of information to be aware of:
- How much has already been spent
- How much is left for spending
We are simplifying a few of the terms we use to help you understand exactly what is happening in your budget, as well as talk to your team in simpler terms.
Let’s keep this as simple as possible.
Spent: The total that has been spent by people in the budget.
Assigned: Funds that have been assigned to people and virtual cards in a budget. This represents money available to be spent from the budget at that very moment.
Unassigned: The remaining funds in a budget that have not been assigned to a person or virtual card. This is money that can't be spent without first being assigned by an owner or admin.
In conjunction with simplifying terms, we're doing the same with how you manage funds for people by focusing on what a user has spent, and what is available for them to spend.
Everything under the hood remains the same. We're excited about these new terms that should make it easier for you and your teams to identify what is happening in your budgets.