After a report has been scheduled for payment, it still needs funds release approval before payment can be initiated — only Administrators can give it. This guide walks you through that process for Reimbursements.
Funds Release Approval 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 give funds release approval:
- 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 approval:
- To approve all reports in this tab, select the "Authorize All Payments" button below the CSV download button
- To approve 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 approval:
- Select the "Authorize" button to the right of the report
- Rescheduling or Unscheduling the payment from the Needs Authorization tab will remove funds release approval and move the report to the Unpaid tab in the Reimbursements page