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SettleWise

Budgets Add-on

Plan spend inside the Accounting add-on, compare actuals, and monitor budget health across your operation

Budgets are now part of the Accounting add-on. They give SettleWise a planning layer for operational spend by helping your team define budget periods, allocate target amounts by account, and compare planned spend against actual results as payments and payouts are recorded.

Use this page for budget planning. Use the Accounting Add-on page to understand the larger account layer behind budgets, payments, payouts, registers, and the Income Statement.

Best For

  • Teams that need planned-vs-actual visibility instead of reviewing expenses one payout at a time
  • Finance and operations leaders who want category-level spend control across a period
  • Organizations that need clearer visibility into remaining budget and over-budget areas before issues grow

What You Unlock

CapabilityWhat it helps with
Budget planningCreate budgets for monthly, quarterly, seasonal, annual, or custom periods
Line-item allocationsAssign planned amounts across posting accounts instead of tracking only one total number
Budget vs actualCompare planned spend against account-linked actuals as operations move
Health monitoringReview remaining budget, spent percentage, and over-budget counts from one workspace
Drill-down reviewOpen category detail and inspect the payout activity contributing to the numbers

How It Connects to Accounting

Budgets become most useful when operational activity is mapped to accounts. In practice:

  • Chart of Accounts provides the account tree used by budgets
  • Payout activity provides expense actuals when completed payouts are booked to expense accounts
  • Payment activity provides revenue actuals for the Income Statement when deposits are validated into registers
  • Budget review becomes a control layer on top of day-to-day payment and payout workflows

Think of Accounting as the shared account layer. Budgets are the planning view; payments and payouts provide the actuals.

Access Notes

  • Budget workspaces are admin-oriented
  • The add-on is designed for ongoing review, not just one-time setup
  • Teams usually benefit most when budget review becomes part of a weekly or period-close routine

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