You can create and modify approvers for different cash instruments. These approvers will need to authorize payments (cash out) made from the respective cash instruments.
Go to Cash flow/Setup/General/Cash instruments. Then, click Show to display the list of cash instruments. Select any cash instrument and click Add to add a new approver or Edit to modify an approver.
Note: The Add button and the Edit hyperlink are under the Authorization section.
To create and modify cash instrument approvers, function right 436 – Maintain cash instruments is required. Users with the General Manager and Controller roles have this function right.
For more details on what you can do with function rights or levels, go to System/Setup/Security/Function rights, select the required module, and then click on the relevant ID. To find out the functions you can perform with a particular role, go to System/Setup/Security/Roles, type in the description, click Refresh, and then click the required link under the Role column.
Click this to save the cash instrument approver.
Click this to save the cash instrument approver and create another approver.
Note: This button is available only if you are creating a cash instrument approver.
Click this to delete the cash instrument approver.
Note: This button is available only if you are modifying a cash instrument approver.
Click this to exit.
Type or select a person to be made the approver. For more information, see Creating and Modifying People.
Type the minimum amount for the approver to authorize. Any payment made from the cash instrument that is below this amount will not need the approver’s authorization.
Type the maximum amount for the approver to authorize. Any payment made from the cash instrument that is above this amount cannot be authorized by the approver.
Note: There can be a different approver with a higher restricted amount to authorize higher payment amounts.
Type or select the start date for the approver to authorize payments. By default, the current date is displayed.
Type or select the end date for the approver to authorize payments. Any payment made after the end date cannot be authorized by the approver.
· Creating and Modifying Cash Instrument
· Creating and Modifying People