How can I set up policies?

Expense Policies are essential guidelines that help organizations manage and control spending effectively. 

By setting clear rules, you can ensure that all expenses align with your company’s financial goals and compliance standards.

These policies help prevent unauthorized spending, reduce errors, and maintain budget discipline across the organization.

How to Create an Expense Policy on Bujeti:

Step 1: Log in to your Bujeti account.

Step 2: Navigate to the Compliance section from the sidebar.

Step 3: Click on Create Policy to start setting up your expense policy.

Step 4: Give your policy a Name that clearly reflects its purpose.

Step 5: Add a Description to provide context or specific instructions related to the policy.

Step 6: Choose the Conditions that will guide your policy. You can select from the following options:

• Amount: Set limits on spending amounts, ensuring that any expense over a specified amount is flagged or requires additional approval.


• Account: Apply the policy to specific accounts to control how funds are managed within different departments or projects.
• Category: Restrict or monitor spending within certain categories, such as travel, supplies, or entertainment.
• Budget: Link the policy to specific budgets to ensure that expenses align with allocated funds.
• Vendor: Set conditions based on specific vendors to manage relationships and spending limits.

Step 7: Choose the Requirements of this policy, such as:

• Require a Receipt: Ensure that all expenses are accompanied by a receipt for verification.


• Require Descriptions: Mandate detailed descriptions for each expense to provide clarity and accountability.
• Require Category: Enforce the selection of appropriate categories for every transaction.
• Require Budget: Ensure that expenses are tied to a specific budget.

Step 8: Decide how to handle policy violations:

• Block Transactions: Prevent any transactions that break the policy.
• Allow and Flag as Out of Policy: Permit the transaction but flag it for further review as it violates the policy.

Step 9: Set Exceptions if needed, allowing certain individuals or departments to bypass the policy. You can also attach related documents to support and provide further context to the policy.

Step 10: Click on Create to finalize your expense policy.