Set Initial Invoice Status to Pending when invoice are created in Accounts Payable
Our accounting controls require the CFO to Approve invoices. Having the invoices created with a Status of Approved forces us to take additional steps to switch them to Pending so that they align with our accounting processes.
This is a common control required by auditors and accounts payable has a built-in Invoice Approval utility.
1
vote
Jennifer Wood
shared this idea
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Jodi
commented
Agreed. The additional steps are time-consuming, and the process does not align with internal controls and auditor requirements.