Journal authorisation procedures vary from firm to firm. In principal, Journals should be peer reviewed before being authorised. The review should include checking supporting documentation, the Journals details and amount.
These authorisation instructions are generic and assume the user has an appropriate security level to authorise the Journal and is following the firms internal procedures.
Authorise a Journal Request
From the Workspace functions menu, select the option ‘Request Manager’ and click on the ‘Journals’ tab.
Right click on the Journal record and select ‘edit’ to review the Journal. When the review is complete, click the cancel button to close the record.
Right click on the Journal record and select ‘Authorise’. The Journal is now ready for updating.
If you are also responsible for updating the Journal, you can select the option ‘Authorise and Update’. The Journal is now complete and posted to your ledgers.