Folio - Folio and Workday - Accounts Payable Process Summary

Folio - Folio and Workday - Accounts Payable Process Summary



 Invoice Submission Workflow

  1. Submission:

  2. Distribution:

    • A copy of each invoice automatically flows to BOTH:

      • Folio

      • Workday

 Property's Role (Folio Processing)

  • The Property processes all supplier invoices in Folio, except for the following types:

    • Prepaid

    • Capital Expenditure

    • Project

    • Corporate

  • If the invoice is one of those four types above → the Property should DENY it in Folio.

 Corporate AP Team's Role (Workday Check)

  • After 48 hours, Corporate AP reviews invoices in Workday:

    •  If the invoice is in Folio → AP cancels it in Workday.

    •  If the invoice is NOT in Folio or has been DENIED in Folio → AP processes it through Workday.



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