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Friday, September 4, 2015

Journal Approval Process in R12

Prerequisite SETUPS:
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1. Enable journal approval in the primary  ledger:

GL Responsibility > Setups > Financials >  Accounting Setup Manager > Accounting Setups

Query with Ledger Name and click on "Update Accounting Options"
Click on "Update" of corresponding ledger and  then Click on "Ledger Options" and Enable Check Box "Enable Journal Approvals".















2. Enable Journal Approvals at Journal Source Level:


















3. Setup Journal Approvals Limit for Employees.

Just for demo purpose i am using below limits,

Once Employee Stock, Ms. Pat enter journal, it will go approvals as per below limits.























4. Setup Profile Options:

Profile Name - Journals: Find Approver Method.

Go Up Management Chain: The journal batch moves up the approval hierarchy until it has  been  approved  by  an  approver  whose  authorization  limit  is  sufficient  to  allow approval. The journal batch must be approved by all intermediate approvers as well.

Go  Direct: The  journal  batch  is  sent  directly  to  the  first  approver  in  the  approval hierarchy  who  has  an  authorization  limit  high  enough  to  allow  approval.  The  preparer's direct manager receives a courtesy notice.

One Stop Then Go Direct: The journal batch is first sent to the preparer's manager for approval.  If  further  approvals  are  required, the  journal  batch  is  sent  directly  to  the  first approver  in  the  approval  hierarchy  who  has  an  authorization  limit  high  enough  to  allow approval.

Profile Option - Journals: Allow Preparer Approval  And Value - No

Process:

Now Create Journal and Approve Accordingly based on Approval Limit.

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