Way2B1 expedites approvals of both requests (proactive) and transactions (reactive). We give users the freedom to create distinct processes for any type of decision.
- Decisions - a proposal that the submitter is preemptively submitting, i.e. the proposal has to be approved first.
- Accounting - a payment or transaction that has already occurred, i.e. the submitter is documenting the expense and the approvals are required for bookkeeping purposes.
Accounting transactions can be logged against approved decisions. When an accounting transaction is approved, the amount of the transaction will be subtracted from the total funds available from the original request.
Accounting transactions can be designated categories that match the chart of accounts in your general ledger. Transactions can also be broken up by line item into split transactions. See instructions on how to sync Way2B1 with your general ledger.
Change Orders can be made to requests after final approval. We understand that plans change - when you realize you've over or under-budgeted, submit a change order. The change order will got through the same approval process as the original request.
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