Corporate rights to Transaction Types
There is an Overview tab available at the Company Policy level and individual User Role level. The Overview tab provides a summary of Transaction Types, what approval limits are assigned to the Transaction Types, and whether Allowed Actions (entitlements) exist at the Company or User Role level.
Note: Any approval limit that conflicts with a higher-level setting will be highlighted in red.
After selecting a User Role, the Overview tab on the User Role's page appears with the approval limits and other details for each Transaction Type.
Each Transaction Type contains the following approval limits:
| Approval Limit | Detail |
|---|---|
|
Approval Limit |
The approval limit for the Transaction Type. |
|
Per Day Approval Limits |
The daily approval limit by dollar amount and number of transactions for the Transaction Type. |
|
Per Month Approval Limits |
The monthly approval limit by dollar amount and number of transactions for the Transaction Type. |
|
Per Account Approval Limits |
The account approval limit by dollar amount and number of transactions for the Transaction Type. |
Each Transaction Type contains the following entitlements:
| Entitlements | Detail |
|---|---|
|
Draft Actions Max |
The number of Draft Allowed Actions (entitlements) created for that transaction type, as well as the maximum Draft dollar amount supported for that transaction type. |
|
Approve Actions Max |
The number of Approve Allowed Actions (entitlements) created for that transaction type, as well as the maximum Approve dollar amount supported for that transaction type. |
|
Cancel Actions Max |
The number of Cancel Allowed Actions (entitlements) created for that transaction type, as well as the maximum Cancel dollar amount supported for that transaction type. |
When the User Role Approval limit conflicts with a higher setting, such as a Company Policy or Bank Policy Approval limit, the amount will be highlighted in red, indicating the limit is set higher. If this happens, the User must check the Company Approval limits and lower the User Role limit. While the Company limit will always be enforced, the red highlight is intended to provide a visual indicator of a conflict.
The system also evaluates User Role, Company Policy, and Bank Policy Allowed Actions and limits in real-time, as Users are entering amounts. When an Allowed Action or limit is exceeded, the user interface (UI) will indicate where the issue exists and how the User can proceed.
Note: Only Allowed Actions and single-transaction limits are evaluated in real-time. A User's aggregate limits (for example, Per Day, Per Account, and Per Month) will not display inline errors in real-time. They are evaluated on approval of the transaction. Customer aggregate limits, however, are evaluated on draft or approval.
