To create a new finance approval template:
- Click the Finance tab.
- Select the Finance Approval Templates link. You will see a list of the available approval templates.
- Click the Create New Finance Approval Template button.
- In systems with multiple initiatives, you must select the initiative with which the template is to be associated.
- Enter a name and description for the template.
- Set the Sequential flag to Yes to make the application enforce sequential approvals.
- If the Enforcement Status is set to Enforce required finance validations on project close the application will not allow the project manager to close the project until all the required finance approvals are granted.