Looking for a way to streamline the authorization for expenses in your business? It may be an excellent time to explore our AFE Form Template.
This highly customizable expenditure authorization form is designed to simplify the process of authorizing and tracking expense requests.
How Does the AFE Form Template Work?
For admin and business specialists looking for a simple way to manage expense requests, the AFE form template can prove to be incredibly useful. It comes equipped with many fields that capture vital information for a detailed analysis of expenses.
In the first section, the form asks for the Requester Information, where the person requesting the expense can enter their name, department, phone number, and email address to facilitate accurate record-keeping.
After that, there is a Project/Expense Details section. This part of the form is crucial for gaining insights into the details of the expenditure. Users can input the expense name, description, code, and the date of the request.
In the next section, requesters can enter all crucial details for the Budget Information. This includes the budget account, budget code, the total amount requested, and the available balance for the expenses account for accurate financial planning.
Following this is the Vendor/Supplier information section, where requesters can provide all the information of the external parties, such as the person of contact, supplier name, phone number, and email address.
Next up, the Expenditure Details part of the form helps provide a detailed breakdown of the expenses. This includes a comprehensive description of the goods/services required, their quantity, unit price, and total cost.
Finally, to complete the form, there is a Requester Signature section that helps demonstrate their approval and acknowledgment of the expenditure request to ensure adherence to organizational protocols. But don’t worry, we’ve taken the guesswork out of using signatures on your forms. Within the form builder, only visible to you, you’ll find a bit of extra guidance with links and tips for using signatures.
Finding this AFE Form Template helpful? Sign up with WPForms today to access this user-friendly template and more to empower your business with efficient expense management. Just remember to customize the template for your specific requirements!
