- Membership
- Certification
- Events
- Community
- About
- Help
Paying low-dollar recurring invoices
June 10, 2024
Q. Many years ago, I attended an IOFM conference where someone shared a very efficient process with the group. It was taking recurring invoices that fell within a range and setting up the G/L coding and approval so that the invoice process did not need to include the user each time.
For example, paying Fedex every month falls between $ 20 and $ 50. A spreadsheet was created at the beginning of the year approving that A/P can pay that Fedex bill once a month as long as it didn't go over $ 50,…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
