Transaction Approvals
Contents
Overview of Transaction Approvals
Transaction Approvals allows for approvals on Investment, Loan, Line of Credit and Portfolio transaction types. You will be able to select which transactions across each of the four submodules requires approval and one universal transaction approval screen (this replaces the three existing approval screens as of the August 2015 Delta).
Investment Module
In the Investment System Settings screen (Financial Services --> Investments --> Setup), there is an Approvals tab. Click on the options that you would like to require approvals for - you can click + Shift to get a group of records that are all together or click + Ctrl to select multiple records.
Line of Credit Module
In the System Settings screen (Financial Services --> Line of Credit--> Setup), there is an Approvals tab:
Loan Module
In the Loan System Settings screen (Financial Services --> Loans--> Setup), there is an Approvals tab:
Portfolio Module
In the Portfolio System Settings screen (Financial Services --> Portfolio--> Setup), there is an Approvals tab:
Transaction Approvals (IL187)
This screen allows for approvals to be applied. From this screen, you will be able to view and/or update the account, source (Investment, Loan, Line of Credit or Portfolio) or TaxID (for the Constituent) record. You can also view the transaction detail screen on each transaction.
| Base Option | Description |
|---|---|
| Actions | Update Account - opens the Account Entry screen
Update Source - Opens the Maintenance screen |
| Approve/Approval all/Unapprove | Approve and Unapprove - select the record and click on either the Approve or Unapprove buttons
Approve All - All transactions will be approved |
| Type | You can view all transaction types or select a specific transaction type: All, Investments, Loans, Line of Credit and Portfolio |
| Status | View All transaction or filter for Unapproved or Approved |
| Type | Description |
|---|---|
| Investments | 
|
| Line of Credit | 
|
| Loans | |
| Portfolio | 
|
Security
Two security settings are applied to IL187. ILAPPR for general transaction approval and ILAPPRSU for super-user level transaction approval. The difference between the two settings is that ILAPPR does NOT allow the user to approve their own transactions, as well as they cannot unapproved transactions approved by someone else
Notes
- This was implemented in the August 2015 Delta (R44894)
