Approval Is Controlled By Approval Profiles
An approval profile contains the rules that define if and how an adjustment is approved. If an adjustment type does not reference an approval profile, the related adjustments do not require third-party approval before they impact a customer's debt. If an adjustment type references an approval profile, the approval profile's approval hierarchy defines if the adjustment requires approval and who the authorized approvers are. For example, an approval profile can be configured with the following approval hierarchy:
-
Adjustments < $0 require approval by the "credit approvers role"
-
Adjustments >= $0 and <= $10 do not require approval
-
Adjustments > $10 and <= $100 require the approval of a user that belongs to the "level 1 approvers role"
-
Adjustments > $100 require two levels of approval: first a user that belongs to the "level 1 approvers role" must approve the adjustment; afterwards, the adjustment must be approved by a user that belongs to the "level 2 approvers role"