Setting up budget approval workflows in OFX allows you to control who can approve budgets and define the steps required for approval. This ensures that only authorised users can approve significant financial decisions, supporting compliance and strong financial controls.

Next Steps:

To set up a budget approval workflow, follow these steps:

1. Log into your OFX account.

2. Navigate to the Approvals tab:
   Select Approvals from the sidebar menu.

   

3. Go to Policies:
   Click on Policies in the Approvals section.

   

4. Create a new policy:
   Click + Create Policy.

   

5. Enter policy details:

   • Enter a policy name (optional).

   • Select the event to trigger the policy (e.g., “Any budget was created or modified”).

   • Apply any specific conditions you want for this workflow (optional).

     

6. Add approval steps:

   • Click Add a step to require approval for this policy or set of conditions.

   • Assign the user(s) who need to approve at each stage.

   • You can add multiple approval stages and decide if all or some approvers are required at each stage.

7. Save the policy:
   Click Save to activate your approval workflow.