Chart of Accounts | Spending caps/limit based on budgeted amount
Is it possible to introduce a spending cap in the Xero based on the agreed/ set budget for each expense line to prevent incurring costs above the agreed/ authorised budget?
If the functionality is in place, raising a purchase order that will take the cost over the authorise budget should not be possible. Better still, if this functionality can be introduced, can it also be implemented at the tracking category level.
Brice Musendo
shared this idea
Hi Brice, to confirm this isn't something that exists at present.
Right now, there's the ability to set a credit Limit at a customer level but not on a supplier side of things. We have an idea for this here, but appreciate what you're asking based on the budget comparative is a little different and I'll leave this idea separate so we can track he interest in each.
Welcome to add your support to the other idea if that's something you'd like to see too.
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Susan Robinson
commented
I'm also interested in a spend cap on department budgets, will this be coming soon?