Easily and transparently plan your business budget into multiple accounts for branches, departments, and other categories.
Schedule company expenses from the designated account.
Monitor company transactions in real-time for an accurate and detailed report.
Authorize branches or departments to manage budgets independently, with real-time report visibility.
Manage the company’s finances with separate accounts within a single platform, equipped with detailed real-time reports and full transparency.
Accounts is a feature of Mekari Expense to seamlessly allocate company funds into categories, automate processes to increase employee productivity, and to help you gain full control over your company’s finances with comprehensive visibility.
The accounts feature lets you create different digital accounts for each spending category. Create new accounts based on branch, company, department, or project. You can also set employee access for each account.
With accounts, each branch or department in your company has the authority to manage expenses independently and transparently with real-time report visibility. You can also schedule payments automatically using the budget allocation from a specified account.
The accounts feature is included in the Mekari Expense Enterprise package. If you experience difficulties or need further assistance, please contact our support team who is ready to help you at any time.
A budget in business is a financial plan that outlines expected income and expenses over a specific period, helping companies allocate resources effectively and control spending.
To create a business budget, start by identifying your business’s financial goals, estimating revenue and expenses, and allocating funds to different departments or projects while setting limits for each category.
Budgeting in business helps manage cash flow, control expenses, allocate resources efficiently, and provide a clear financial roadmap for decision-making.
Common budgeting methods for businesses include incremental budgeting, zero-based budgeting, and activity-based budgeting, each offering different approaches based on business needs and priorities.
Budgeting provides a financial framework that helps businesses prioritize spending, optimize resource allocation, and make informed decisions to achieve their strategic objectives.
Budgeting is crucial for maintaining financial health, ensuring that a business operates within its means, and achieving its long-term goals while managing risks and opportunities effectively.
An example of a business budget may include categories such as operational expenses, marketing costs, salaries, and capital expenditures, with allocated amounts and limits for each to maintain financial discipline.