Authorizing Funds Release for Reimbursements
After a reimbursement report has been scheduled for payment, Administrator authorization is required to release funds for reimbursement payments.
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 balance.
Steps to Authorize Funds Release
- As an Administrator, log into your Float account and navigate to Reimbursements > Payments.
- Select a payment batch and click “Authorize CAD funds release” to release the funds for the scheduled payments in that batch. This authorizes all payments in the payment group scheduled for the same day.
- Rescheduling or unscheduling the payment will un-authorize the payment.