Order
Also called: validating
Authorization involves the approval of an invoice for payment. Authorization is also called making payable. It is derived from the French "ordonner" meaning "to give an order.
The approval must usually be given by a decision-maker and/or involved project employee. Within many organizations, authorizing requires a number of conditions to be met, such as being able to book the invoice to a cost center or approved quote.
After approving the invoice for payment, a payment order can be scheduled and executed.
