Invoice reversal approval for contract invoices by contract
If the enterprise project structure is set to approve invoices, then an action to submit invoice reversal for approval is displayed. This action changes the approval status to Submitted For Approval. The status of the record remains in a Journalized status. After the record has been submitted for approval, the approver can approve or reject the records. When approved, the record approval status is changed to Invoice Reversal Approved. When rejected, a Comments window is displayed. The approver must specify an explanation for the rejection. This explanation appears in the body of the email that is sent for the record. Rejecting a record changes the approval status to Rejected. If one record is rejected, the entire group is rejected. The record can be deleted or corrected and then resubmitted for approval. After the records are approved, then the action to journalize can be run. All records in the invoice group must be approved before journalizing.