Understanding the Journal Entry Approval Process

This topic provides an overview of the journal entry approval process and discusses how to set up journal entry approval in Oracle's PeopleSoft Workflow.

If you enable the journal approval process in PeopleSoft General Ledger, journal entries are automatically marked to post once they are approved. You can enable specific users to mark a journal to post by granting them access to certain pages in User Security or by approving journals through PeopleSoft Workflow.

You can select to use one of two journal approval methods from the Application Fundamentals: Installation Options - General Ledger Page (Set Up Financials/Supply Chain, Install, Installation Options, General Ledger):

• Approval Framework: (default) PeopleSoft Enterprise Components Approval Framework (AF) feature provides a configurable framework and page interface to implement workflow approval without using Application Designer.

  See Understanding Configurable Workflow.

• Virtual Approver: PeopleSoft workflow approval method used in prior releases.

  Not recommended for users on release 9.2 or higher.

See Application Fundamentals: Installation Options - General Ledger Page.