Skip to main content
Procore (en-GB)

How do invoice approvals work in Portfolio Financials?

 Note
The information on this FAQ applies to accounts with Procore's Portfolio Financials product with Approvals enabled. Please reach out to your Procore point of contact for more information. 

Answer

Invoice approvals can be set up in the following two ways:

  • the invoice must always approved by someone
  • the invoice must only be approved by someone if it exceeds a certain dollar threshold

After the workflow is set up and an invoice is submitted, it is automatically set to 'Pending'. 

set-up-approval.png

After clicking Set Up Approval, you will be prompted to set up the approval package for review by those in the invoice approval workflow.

Click a link to jump to a section of this article:

Step 1: Set Up the Package

When setting up the package for invoice approvals, you can add comments or recommendations in the text box. 

set-up-package.png

Step 2: Review Approvers

In this step you need to review the approvers in the workflow.

review-approvers.png

Step 3: Review and Send

After you have reviewed the package and approvers, click Send for Approval

review-and-send.png

After the invoice has been sent for approval, the first approver will be notified by email. From there, they can either approve the invoice (prompting an email to the next reviewer) or reject it (sending it back to the original sender).