On the Scheduler page, you can change the disbursement payout schedule frequency according to your preferred time. This scheduler only applies to disbursement transactions with the reimbursement type.
Here are the steps you can follow to change the Disbursement Scheduler.
Go to the Settings menu.
Then select the "Schedulers" tab.
Here, you can see the default disbursement payout frequency. The default scheduler for each company eligible for expense management is Daily.
You can edit the disbursement scheduler by clicking the “Edit Schedule” button at the top right.
On this page, there are 4 types of disbursement payout frequencies you can choose from:
- Daily: If you choose Daily, there will be a disbursement every day for reimbursement transactions approved the previous day.
- Weekly: You can choose between the 1st and 7th day of each month for the first disbursement. The second, third, and fourth disbursements will be automatically created after you select the first disbursement (adding 7 days for each disbursement schedule).
- Biweekly: You can choose between the 1st and 14th day of each month for the first disbursement. The second disbursement will be automatically generated after you select the first disbursement (adding 14 days).
- Monthly: You can choose between the 1st and 28th day of each month.If you choose the Weekly, Biweekly, or Monthly frequency, you must select the disbursement payout date in the Start Date column.
After selecting the disbursement frequency, click “Save Changes” to save.
The disbursement scheduler is now saved and will automatically disburse every month on the 28th.
These are the steps to change the disbursement payout schedule to your preferred time through the Scheduler menu.