After a report has been scheduled for payment, authorization is required to release the funds for payment to be initiated. Only Administrators can authorize the release of funds. This guide will walk you through the process of authorizing funds release for Reimbursements.
Authorizing Funds Release for Reimbursements
All payments scheduled for the same date are consolidated into a single batch. This method combines multiple scheduled payments into a single withdrawal transaction from your Float Cash balance or connected bank account.
Please Note: Paying from your connected bank account is only available to Professional and Enterprise plan customers. Essentials plan customers can only payout Reimbursements from their Float cash balance.
How to authorize funds release:
- Login to app.floatfinancial.com as an Administrator
- Navigate to the Payments page in the left-side navigation bar
- Go to the Needs Authorization tab
- For batch authorization:
- To authorize all reports in this tab, select the "Authorize All Payments" button below the CSV download button
- To authorize a select number of reports in this tab, use the checkboxes to select multiple reports > Select the "Authorize All Payments" button at the bottom of the page
- For single report authorization:
- Select the "Authorize" button to the right of the report
- Rescheduling or Unscheduling the payment from the Needs Authorization tab will unauthorize the payment and move the report to the Unpaid tab in the Reimbursements page