Skip to main content

Bills in Draft or Awaiting Approval

Marsha Galicia avatar
Written by Marsha Galicia
Updated yesterday

XBert Type: Standard

Accounting Software: Xero, MYOB, QuickBooks

Country Restriction: All regions

Risk Type: Bookkeeping Risk

Business Function: Purchases

Overview

The "Bills in Draft or Awaiting Approval" XBert identifies bills in your accounting system that remain in Draft or Submitted status over the past 12 completed months. These unapproved bills may not currently impact your financial reports, but they could affect your tax obligations and expense accuracy.

What it does

This XBert groups and flags bills by month if they are still in a Draft or Awaiting Approval status. It provides a total count and value for each month where unresolved bills are found, helping you identify unprocessed expenses that may be missing from your Profit and Loss or GST/VAT calculations.

How it works

With every data sync, XBert looks back over the previous 12 completed months to find bills that:

  • Have a status of DRAFT or SUBMITTED

  • Are not yet approved or voided

If any bills meet these conditions, XBert will raise an alert for that month. Once all bills in that month are either authorised or voided, the alert automatically resolves.

Example/Use Case

Mark from MBA Cleaning receives a bill for $880 from ABC Mowing Service. He enters it into his accounting system but leaves it in Draft status. Later, he pays the bill in cash. However, because the bill was never approved, the $880 doesn’t appear in MBA Cleaning’s Profit and Loss report — and the $80 of GST included in the bill isn’t claimed on the BAS. As a result, Mark’s business books are inaccurate, and he may overpay tax. Once the bill is approved and reconciled with the payment, the financial records are corrected.

Accounting software

All major Australian-compatible accounting software (e.g., Xero, MYOB, QuickBooks Online).

Which countries it supports

All regions.

Processes

This alert falls under the ‘Purchases (AP)’ category and helps improve accuracy in expense tracking and tax reporting. To resolve this issue:

  • Click RESOLVE NOW in XBert to access the list of bills for each flagged month.

  • Review and approve any valid bills.

  • Void or delete bills that are no longer needed.

  • Once all items are resolved, the alert will automatically clear for that reporting month.

Did this answer your question?