How many overall budgets can a business have in Xero?

In Xero, a business can have one overall budget. This is designed to allow businesses to manage their finances with a single comprehensive view, enabling projections and planning based on the entirety of their financial activities. Having a single overall budget simplifies tracking and reporting, ensuring that all financial aspects are aligned under one cohesive plan.

While Xero allows for the creation of multiple tracking budgets and reports to monitor various aspects of spending or income, the overarching overall budget is singular. This design helps in maintaining clarity and focus on the business’s financial goals, without the complexity of managing multiple overall budgets simultaneously.

The concept of having unlimited, two, or three overall budgets introduces unnecessary complexity and could lead to confusion in financial reporting and analysis, which Xero seeks to avoid by promoting a streamlined budgeting approach.