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