Note: this feature is only available if you have opted for second level approval of your own batches. If you have not opted in to this, FinClear will approve your batches.
To approve a batch from the dashboard screen, select the tab "Batches Pending Approval", click on the status field or the action button on the batch you want to approve and select "Approve".
To approve a batch from the journal screen select "Approve" at the top of the screen or select the action button.
Approving a batch will either post to the back-office system immediately or go to FinClear operations for approval (depending on what has been agreed for your business).
If processed successfully, the status will be updated to “Completed” if unsuccessful status will be updated to “Failed”.
Journals will always require FinClear approval if below applies:
- Total value exceeds $1m
- Total number of transactions in a batch exceeds 300
- Purpose not specified