{"id":2305,"date":"2025-08-27T14:18:54","date_gmt":"2025-08-27T14:18:54","guid":{"rendered":"https:\/\/www.macalester.edu\/160-business-services\/?page_id=2305"},"modified":"2025-08-27T14:18:55","modified_gmt":"2025-08-27T14:18:55","slug":"financeapprovals","status":"publish","type":"page","link":"https:\/\/www.macalester.edu\/business-services\/financeapprovals\/","title":{"rendered":"Macalester Finance Approvals Explained"},"content":{"rendered":"<h5 class=\"wp-block-heading\"><span style=\"font-weight: 400\">日韩精品 has an approval process that requires employees with an appropriate Finance approval level to review and approve:<\/span><\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400\">Invoice Payments, Check Requests, Journal Entries (JEs), and Standard Engagement Contracts (SECs).&nbsp; &nbsp;<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400\">Pcard transactions<\/span><\/li>\n<\/ul>\n\n\n\n<p>The diagrams below further explain the approval levels:<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><b>Finance Approval Levels<\/b><\/h2>\n\n\n\n<p class=\"has-text-align-center\"><strong>Approvals for Accounts Payable:&nbsp; &nbsp;<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Invoice Payments, Check Requests,&nbsp;<\/strong><strong>Journal Entries (JEs), Standard Engagement Contract (SEC)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.macalester.edu\/business-services\/wp-content\/uploads\/sites\/637\/2022\/11\/finance-access-ladder-181x300.jpg\" alt=\"Pcard Ladder\" class=\"wp-image-2311\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\">If amount to pay is<strong> greater<\/strong> than your approval level,<br>include the approvers <strong>up to the amount<\/strong> in any submission of<br><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/payinvoice\/\">Invoice Payments<\/a>, <a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/checkrequest\/\">Check Requests<\/a>,<br><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/je\/\">Journal Entries (JEs)<\/a>, <a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/secpdf\/\">Standard Engagement Contract (SEC)<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>You can find your Accounts Payable approval level:<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financeapprovaltool\/\">Finance Approval Look-Up Tool<\/a>\u00a0 to look up who will need to approve the expenditure <\/p>\n\n\n\n<p class=\"has-text-align-center\">OR<\/p>\n\n\n\n<p class=\"has-text-align-center\">If you have access to Finance Reports via Argos go to &gt; <a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/myfinance\/\">My Finance Access and Approval report<\/a> <\/p>\n\n\n\n<p class=\"has-text-align-center\">OR<\/p>\n\n\n\n<p class=\"has-text-align-center\">contacting <a class=\"email\" href=\"mailto:accountspayable@macalester.edu\">Accounts Payable<\/a><\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><b>Pcard Approval Levels<\/b><\/h2>\n\n\n\n<p class=\"has-text-align-center\"><strong>Standard approval level<\/strong><br>$2,000 per single transaction<br>$5,000 monthly limit<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"165\" height=\"300\" src=\"https:\/\/www.macalester.edu\/business-services\/wp-content\/uploads\/sites\/637\/2022\/11\/pcard-ladder-165x300.jpg\" alt=\"Pcard Ladder\" class=\"wp-image-2311\" srcset=\"https:\/\/www.macalester.edu\/business-services\/wp-content\/uploads\/sites\/637\/2022\/11\/pcard-ladder-165x300.jpg 165w,  https:\/\/www.macalester.edu\/business-services\/wp-content\/uploads\/sites\/637\/2022\/11\/pcard-ladder.jpg 283w\" sizes=\"auto, (max-width: 165px) 100vw, 165px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Budget Manager\/<\/strong><br><strong>Supervisor review all expenditures<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\">Some may have different limits.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>You can find your Pcard limits by:<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\">Go to <a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/pcard\/#Limits\">How to check Pcard Limits<\/a> for directions on how to check limits.<\/p>\n\n\n\n<p class=\"has-text-align-center\">To temporarily increase your limit(s),<br>contact <a class=\"email\" href=\"mailto:pcard@macalester.edu\">pcard@macalester.edu<\/a> and copy (CC:) your Pcard Approver<\/p>","protected":false},"excerpt":{"rendered":"<p>日韩精品 has an approval process that requires employees with an appropriate Finance approval level to review and approve: The diagrams below further explain the approval levels: Finance Approval Levels Approvals for Accounts Payable:&nbsp; &nbsp; Invoice Payments, Check Requests,&nbsp;Journal Entries (JEs), Standard Engagement Contract (SEC) If amount to pay is greater than your approval level,include [&hellip;]<\/p>","protected":false},"author":44,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2305","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages\/2305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/comments?post=2305"}],"version-history":[{"count":115,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages\/2305\/revisions"}],"predecessor-version":[{"id":8691,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages\/2305\/revisions\/8691"}],"wp:attachment":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/media?parent=2305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}