Mass Payment Approval (LM136)

Run Mass Payment Approval (LM136) to approve multiple lease invoice payments. The program also generates a report of approved and unapproved invoice payments for the company.

You can approve only invoice lease payments that have that have been assigned an authority code.

Process at a Glance

  1. Create lease invoices using Invoice Creation (LM131).

  2. (Optional) Adjust invoices using Invoice Adjustment (LM31.1).

  3. (This step) Approve the invoices using Invoice Payment Approval (LM36.1) or Mass Payment Approval (LM136).

  4. Interface the invoices to the Accounts Payable system using AP Interface (LM140).

  5. (Conditional) Calculate interest for capital lease payments, using Interest Calculation (LM180).

  6. Post leases, using Lease Posting (LM190).

  7. (Conditional) Terminate leases due for closing, using Lease Termination (LM45.1).

  8. Close period, using Period Closing (LM199).

More Information

You can further restrict the approval to lease invoice payments meeting one or more of the following criteria: a specific lease classification, a specific lease type, or a specific authority code. You can also specify a sort order for the report.

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