Payment Proposal Run approval of Dynamics AX 2012 R3

Dear Friends,
I have a case:
1/ I want to create payment proposal
2/ I want to approval this payment proposal
Manager1 10000USD
Manager2 20000USD
Manager3 50000USD
Director 200000USD
3/ After this payment proposal approved, I can create payment journal
Question:
1/ Can this system support it?. Thank you.