This topic provides information about the approvals for the transactions.

Certain transactions, such as PTP Capture, carry significant financial, operational, and reputational risks. Allowing these actions to be executed by a single user increases the likelihood of errors, misuse, or fraudulent activity.

To strengthen internal controls and ensure accountability, implementing a dual authorization mechanism is essential. This mechanism requires high-risk or high-value transactions to be initiated by one user and approved by another authorized user before execution.

The Approvals Menu contains three sub-menus:

• Pending Transactions
  This screen displays the transactions which are pending for approval based on logged in user role.
• Acquired Transactions
  This screen displays the acquired transactions which are acquired by authorizer.
• Completed Transactions
  This screen displays the complete transactions which are either approved or rejected.