Approving an Invoice
The environment is configured with one button for approving invoices: Approve Invoice.
Clicking Approve Invoice causes the following dialog box to appear:
When an invoice Record in Onit has received all of its required approvals it will move into the Approved Phase. During this Phase, a few actions are triggered:
- The invoice’s approved_date Field is updated via the When Phase is approved, Set Approved Date Business Rule.
The status of the corresponding invoice Record in BillingPoint is also updated to Approved via a Business Rule named When Phase is approved, Approve Invoice at PSB. This will cause the invoice to appear as “approved” to the vendor in BillingPoint, as seen below:
The Phase of Onit’s invoice Record is automatically moved forward to Determine Payment by the Business Rule named Phase is Approved Change to Determine Payment (this important Phase will be described in more detail later in this document).
Rejecting an Invoice
The environment is configured with one button for rejecting invoices: Reject.
Clicking Reject causes the following dialog box to appear:
Once an invoice has been rejected, the following Participant Rejected Business Rules will fire:
- An email is sent to the vendor notifying them of the rejection through a Business Rule name Participant Rejected.
- The Add reject comment to BillingPoint Business Rule adds any rejection comment made on the Onit invoice Record to the corresponding BillingPoint Record.
- The Change Phase to Disputed Business Rule changes the Onit Record’s Phase to be Disputed.
Upon entering the Disputed Phase, the following Transaction Phase Change Business Rules will fire:
- The When Phase is disputed, Change PSB state to Dispute Invoice Business Rule changes the invoice object in BillingPoint to appear as “disputed” to the vendor:
- The When Disputed, Change Phase of Payments to Disputed Business Rule changes the Phase of the child Record in the Invoice Payment App to also be Disputed.
Once a BillingPoint invoice Record’s status has been updated to Disputed, the vendor can either edit the invoice and resubmit it or void the invoice.
Resubmitting an Invoice
When an invoice fails, the vendor must edit and resubmit it for approval. To do so, they must navigate to the failed invoice and click the Edit Invoice button.
Clicking Edit Invoice will cause the following dialogue box to appear. Click Ok.
Once the vendor has fixed errors on the invoice, click Update at the very bottom of the invoice
Once the invoice has been updated, the vendor must click the Send button at the top to resubmit.
If the invoice is resubmitted successfully, the vendor should see a yellow Submitting flag on the top left of the invoice.
When a vendor resubmits an invoice by default, the corresponding Record in Onit’s Invoices App is set back to the New Phase.
Important: You can (and should) configure your Invoices App to push a resubmitted invoice to whatever Phase is appropriate for your workflow. To do so, add a new Change Phase Action to the Invoice Resubmission Actions Conditional Compound Action (CCA).
Voiding an Invoice
If a vendor voids an invoice, the invoice object in BillingPoint and the Phase of the Invoices Record in Onit will be set to Voided.
To void an invoice, click the Void Invoice button at the top of the invoice.
Once voided, an invoice will have a red flag on the top left corner that says Voided.
An invoice's workflow ends once a vendor voids it. It is not possible to return a voided invoice to a previous state/Phase. Additionally, an invoice can only be voided during the approval process of its lifecycle; it cannot be voided past this point.
Frequently Asked Questions
What are the different types of invoice/payment statuses within Onit?
The different types are:
Received: The Invoice has been submitted by a vendor or added manually by an internal user, and Onit has performed initial invoice validation based on settings in your environment (e.g., timekeeper rate validation and/or automated flagging per validation rules).
- Approvable vs. Not Approvable: Depending on invoice validation settings in your environment, the system determines whether the invoice meets minimum billing requirements to move through the review cycle. If an invoice passes validation, the Approvable column on the Invoices list page displays Yes. If the invoice fails validation, the column displays No to indicate that further review/action is required. In this case, an admin may need to set the invoice status to On Hold. You can view validation issues by going to the Invoice Verification tab and switching to Approval Requirements.
- Spend Agent Invoice Verification: If you are using Onit's Spend Agent for automated invoice review/validation based on natural language billing guidelines uploaded to your environment, you can view the detailed AI summaries by going to the Invoice Verification tab from the invoice details page.
On Hold: An invoice requires some further review or research outside of Onit. This may be necessary, for example, if key pieces of information are missing or if the invoice did not pass initial system validation based on settings. To change the status to On Hold, the current reviewer or an admin can click on the Invoice Actions dropdown in the top-right corner of the invoice's details page and select Pause Approval.
Placing an invoice on hold removes it from the review queue. Once the necessary information is collected or verified, the user can go to the Invoice Actions dropdown and select Resume Approval to revert it to Received status and move it back to the reviewer's My Invoices list for review.
Approved: An invoice has been approved by assigned reviewers or per auto-approval validation rules in your environment (if applicable). Once approved, invoices can be marked as Sent to AP for payment manually or via a finance system integration. Otherwise, one of the following options can be selected by clicking the Invoice Actions dropdown from the details page: Mark Paid, Pause Payment, or Revert to Received.
Approved Hold: If an admin chooses Pause Payment on an approved invoice, the status changes from Approved to Approved Hold. This means the invoice will not be sent to AP via a finance system integration, if applicable.
The invoice has been rejected manually by an assigned reviewer or automatically, depending on validation rules in your environment (if applicable). Rejected invoices do not appear on the invoices list page.
You can find rejected invoices by going to Reports > Standard and viewing the Invoice List report, which displays a comprehensive list of all invoices by status. You can use the status filter to only see rejected invoices for a specified date range. Access depends on your role and permissions.
Indicates that the invoice is pending confirmation from the accounting team. Invoices can be set to this status manually or automatically via a finance system integration (if applicable). It can be set manually by clicking Invoice Actions from the details page and selecting Mark Sent as AP.
Invoices that have been marked as Paid manually by an admin, reviewer, or automatically via a finance system integration (if applicable). It can be set manually by clicking Mark Paid in the Actions column on the Approved tab of the invoices list page.
Additional statuses that may appear for Paid invoices include the following:
- Partially Paid. Marked via API as Paid but did not pay the full amount (informational only)
- Over Paid. Marked via API as Paid but paid more than the invoice total (informational only)
NOTE: The language for these statuses may differ for your specific environment. Contact support with any questions.