Approval Process
The Approval Process option defines additional levels of approval that requisitions must go through if they exceed certain value thresholds.
The rules for this are set up in Approval Thresholds.
Approval Thresholds
Example: Requisitions with a value of £500 or above require additional approval by a member of the finance department.
An Approval Threshold record has been set up to process requisition amounts that exceed 500.00 via the finance department.
Currency
Set to the home currency defined in Company
Threshold Name
The name of the threshold, e.g. "Finance Department Approval".
Threshold Amount
The amount (exc. tax) at which the threshold applies.
Approval Type
Use the icon to choose form one of the following values:
- All - All of the approvers defined for this threshold must approve the requisition.
- Any - Any single approver defined for this threshold can approve the requisition.
- Two - At least two of the approvers defined for this threshold must approve the requisition.
- Majority - A majority of approvers defined for this threshold must approve the requisition.
Requisition Approvers
Use the icon to specify the requisition approvers for this threshold.