Specific Approvals: Reconciliation Statements

To fit the organization's internal control and financial audit procedures, administrators can set up the approval of the reconciliation statements that users create on the Reconciliation Statements (CA302000) form. With this configuration in place, the appropriate users can approve and reject reconciliation statements.

Configuration of the Approval Workflow for Reconciliation Statements

To configure the approval workflow for reconciliation statements in MYOB Acumatica, you perform the following general steps:
  1. You enable the Approval Workflow feature on the Enable/Disable Features (CS100000) form (if the feature is not already enabled).
  2. You create a new approval map to be used for reconciliation statements or modify an existing map by using the Approval Maps (EP205015) form.
  3. Optional: You create any needed notification templates to be used to notify users about reconciliation statements pending approval or edit existing templates on the Email Templates (SM204003) form.
  4. You specify the approval map (and the applicable notification template, if one has been set up) on the Approvals tab of the Cash Management Preferences (CA101000) form.

For details about approvals of reconciliation statements, see Bank Reconciliation: Approval of Reconciliation Statements.