Once a Project is created, an email notification is sent to the Finance Team to request a financial review.
The Finance Team are members of an Office’s Finance Group. These groups are usually identified by the letters “FM” appearing at the start of the group’s name or within the group’s name,
In order for users to be able to add financial and timekeeping information to the project, it must be reviewed and approved.
As part of the approval process, the Finance Manager will review relevant financial information such as:
- Payment terms
- Price list
- Profit Center
- Finance Document Workflows
Until the project has been approved by the Finance Team it remains Pending Project Approval.