Budget

A Budget is built on a Sub Account and is used to control the spending limits of associated virtual Cards. A Budget does not hold independent funds.

Creating or increasing a Budget Limit uses the Available Balance of the Sub Account. After a Budget is allocated, the Sub Account Available Balance decreases and the Allocated Budget Limit increases. After a Budget is released, the funds are restored in the opposite direction.

Field	Calculation or meaning
Budget Limit	The total limit allocated to the Budget
Total Spent	Spending from associated Cards in processing and successful transactions
Available to Spend	Budget Limit − Total Spent
Utilized Limit	Utilized Limit of Shared Limit Cards + Card Limit of Dedicated Limit Cards
Available Limit	Budget Limit − Utilized Limit

Available to Spend shows how much of the Budget remains unspent. Available Limit is used to determine whether a Shared Limit Card can continue spending or whether a Dedicated Limit Card can be assigned a limit.

Therefore, a Budget may have Available to Spend but not necessarily have Available Limit.