To approve a periodic payment schedule that is in a Pending Approval status, follow the steps below.
|1||Go to the Payments > Periodic Payments screen|
|2||Click View > Pending Approval from the Control Bar to view all periodic payments schedules Pending Approval. If required, you can further refine the periodic payments on screen by using Filter or Sort:
|3||Use one of the following methods to approve the periodic payment schedule:
RESULT: A confirmation message is displayed advising that the periodic payment(s) has been approved and the periodic payment status changes to Active.
A payment instance is created approximately seven days before the value date and will be available to view and approve in the Current Payments screen.