A sub-account on Bujeti, as the name implies, is a subset of the parent/main account. This feature enables you to create distinct, smaller accounts within a larger parent account.
By doing so, you can organise your finances more effectively and assign account managers to oversee each sub-account.
This structure provides greater flexibility and control, ensuring that each sub-account can be managed independently while still being part of the overall financial system.
Step 1: On the Overview page of your Bujeti Dashboard, Navigate to the side bar and click on Accounts.
Step 2: Click on Add Account at the top right hand of your screen.
Step 3: Select the Create Sub-account option on the dropdown.
Step 4, you'll need to provide key details to set up your new account correctly:
Subaccount Name: This is the name you want to assign to the account, based on its specific purpose (e.g., "Marketing Expenses" or "Project Savings").
Parent Account: Select the main account under which this sub-account will be organized, if applicable.
Account Type: Choose the type of account you're creating, such as a savings or checking account, depending on your needs.
Account Manager(s): Assign who will manage or have access to this account. You can add multiple managers if needed.
Step 5: Click Create Sub-account.
Your new sub-account is ready!! You can go ahead to create more sub-accounts for your business’ needs. You can also find out how to create an account here