Next User Type: Admin
As an admin, you can create a budget in J.P. Morgan Next. Your account includes a default budget that includes all physical cards. You can use the default budget only or create multiple budgets to categorize company spending by purpose, department, event, or other expense category.
Notes:
Budgets will only retire if there is an expiration date or if you manually delete the budget.
Budgets without a spend target cannot be set to recur on a daily or weekly basis.
Recurring budgets renew at 12 am of the time zone associated with the account.
Create budget from a web browser
Enter budget details
In the Navigation Menu, select Budgets
Select Create +
Select New budget
In the Budget name field, enter a name for your budget
Enter a description for the budget in the Purpose field (optional)
To move to the next section, select Next
Manage budget roster
To add budget owners to your budget, select + Add budget owners
Select any users you want added as budget owners
Select Add people
Note: Budget owners can add people, send funds to members, and approve payments within the budget. You must add at least one budget owner to the budget.
To add budget members, select + Add budget members
Select any users you want added as budget members
Select Add people
Note: Budget members can spend from funds within the budget that they are assigned and sent or from funds assigned to them.
To automatically add new users to this budget, select Automatically add new people to this budget when they are added to Next
To move to the next section, select Next
Manage target spending limit
Select whether or not to include a target spending limit in your new budget. If you do not select a spending limit, budget spending is limited to the total available funds in your credit line.
Create budget with target spending limit
In the Set a spend target for this budget? section, select Yes
Enter the spending limit in the Amount field.
The limit is the total amount of funds that can be spent by budget members and cards within the budget.
In the How often should this budget recur? section, select when the budget and funds reset:
Never: funds do not renew
Monthly: funds renew on the first day of every month at 12 am
Quarterly: funds renew on the first day of the starting month at 12 am
Yearly: funds renew on the first day of your selected starting month at 12 am
If you selected Quarterly or Yearly recurring frequencies, select a starting month for when funds reset
From the If the spend target is reached section, select one of the following options:
Send alerts: Admins and budget owners are notified that the spend target has been reached. Members can continue spending from the budget.
Decline charges: Once the spend target is reached, all other transactions are declined. Admins and budget owners cannot assign funds over the spend target.
If you select the Decline charges option, you can enter an amount of allowed overspend in the Overspend buffer field
To move to the next section, select Next
Create budget without target spending limit
To create a budget without a spending limit, select No
In the How often should this budget recur? section, select when the budget and funds reset:
Never: funds do not renew
Monthly: funds renew on the first day of every month at 12 am
Quarterly: funds renew on the first day of the starting month at 12 am
Yearly: funds renew on the first day of your selected starting month at 12 am
To move to the next section, select Next
Assign funds
View a list of all budget owners and budget members
To give a member access to spend from all budget funds, select Full funds access
You can also select the Full funds access button at the top of the list to give full access to all members
To assign a specific spending amount to a budget member, enter the amount in the Assigned funds field
You can enter an amount in the Assigned funds field at the top of the list to assign the same amount to all members
If your budget has a spend target, you can view the total amount assigned and the amount available to assign
To move to the next section, select Next
Select budget policy
Select which policies apply to the card:
Open the Transaction approvals menu to select a policy that includes a transaction approval flow
Open the Receipt requirements menu to select a policy that determines which transactions require receipts
Open the Merchant category restrictions menu to select a policy that allows or blocks transactions based on merchant categories
Open the Transactions limit menu to select a policy that sets a maximum transaction limit for the card
Save budget
Review the details of your new budget
To create your budget, select Create budget
To return to previous pages and make changes, select Back
Create budget from the mobile app
In the Mobile Navigation Menu, tap the Add (+) icon.
Tap More actions
Tap New budget
In the Budget name field, enter the name of the budget
In the Purpose field, enter a description for the budget (optional)
Select whether or not to include a target spending limit in your new budget
Note: If you do not select a spending limit, budget spending is limited to the total available funds in your credit line.
If you selected the option to include a spend target, enter the target in the Amount field
In the Frequency menu, select the budget and funds reset:
One-time: funds do not renew
Monthly: funds renew on the first day of every month at 12 am
Quarterly: funds renew on the first day of the starting month at 12 am
Yearly: funds renew on the first day of your selected starting month at 12 am
To add budget owners to your budget, tap Budget Owners
Tap any users you want to add as owners
Tap Done
Note: Budget owners can add people, send funds to members, and approve payments within the budget. You must add at least one budget owner to the budget.
To add budget members, tap Member
Tap any users you want to add as members
Tap Done
Note: Budget members can spend from funds within the budget that they are assigned and sent or from funds assigned to them. Learn how to add employees in Next.
To save your budget, tap Create budget
© 2026 JPMorgan Chase & Co.