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docs/articles/expensify-classic/workspace-and-domain-settings/Budgets.md
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title: Budgets | ||
description: Track employee spending across categories and tags by using Expensify's Budgets feature. | ||
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# About | ||
Expensify’s Budgets feature allows you to: | ||
- Set monthly and yearly budgets | ||
- Track spending across categories and tags on an individual and workspace basis | ||
- Get notified when a budget has met specific thresholds | ||
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# How-to | ||
## Category Budgets | ||
1. Navigate to **Settings > Group > [Workspace Name] > Categories** | ||
2. Click the **Edit Rules** button for the category you want to add a budget to | ||
3. Select the **Budget** tab at the top of the modal that opens | ||
4. Click the switch next to **Enable Budget** | ||
5. Once enabled, you will see additional settings to configure: | ||
- **Budget frequency**: you can select if you want this to be a monthly or a yearly budget | ||
- **Total workspace budget**: you can enter an amount if you want to set a budget for the entire workspace | ||
- **Per individual budget**: you can enter an amount if you want to set a budget per person | ||
- **Notification threshold** - this is the % in which you will be notified as the budgets are hit | ||
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## Single-level Tag Budgets | ||
1. Navigate to **Settings > Group > [Workspace Name] > Tags** | ||
2. Click **Edit Budget** next to the tag you want to add a budget to | ||
3. Click the switch next to **Enable Budget** | ||
4. Once enabled, you will see additional settings to configure: | ||
- **Budget frequency**: you can select if you want this to be a monthly or a yearly budget | ||
- **Total workspace budget**: you can enter an amount if you want to set a budget for the entire workspace | ||
- **Per individual budget**: you can enter an amount if you want to set a budget per person | ||
- **Notification threshold** - this is the % in which you will be notified as the budgets are hit | ||
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## Multi-level Tag Budgets | ||
1. Navigate to **Settings > Group > [Workspace Name] > Tags** | ||
2. Click the **Edit Tags** button | ||
3. Click the **Edit Budget** button next to the subtag you want to apply a budget to | ||
4. Click the switch next to **Enable Budget** | ||
5. Once enabled, you will see additional settings to configure: | ||
- **Budget frequency**: you can select if you want this to be a monthly or a yearly budget | ||
- **Total workspace budget**: you can enter an amount if you want to set a budget for the entire workspace | ||
- **Per individual budget**: you can enter an amount if you want to set a budget per person | ||
- **Notification threshold** - this is the % in which you will be notified as the budgets are hit | ||
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# FAQ | ||
## Can I import budgets as a CSV? | ||
At this time, you cannot import budgets via CSV since we don’t import categories or tags from direct accounting integrations. | ||
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## When will I be notified as a budget is hit? | ||
Notifications are sent twice: | ||
- When your notification threshold is hit (i.e, if you set this as 50%, you’ll be notified when 50% of the budget is met) | ||
- When 100% of the budget is met | ||
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## How will I be notified when a budget is hit? | ||
A message will be sent in the #admins room of the Workspace. | ||
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