Multi-level Authorization

4.40 Multi-level Authorization

When contract booked with huge amount, the contract must go for multi-level authorization. This can be done through three ways:

Product level limit
User limit
Combination of product level limit and user level limit.

For more information, refer to Product Definition User Manual.

While Authorizing a Contract

The level of authorization is decreased each time a contract is authorized successfully.
On successful authorization, authorizer’s authorization limit accumulates.
The system restricts authorization when the last level of authorization is pending if:
- The authorization limit of the authorizer is less than the difference in contract value and the sum of authorization limit of the authorizers involved in the authorization process.
- The authorization limit of the authorizer is less than the minimum authorization limit.

After Authorization of a Contract

Maker of a contract cannot authorise an override.
An authorizer can authorize a contract at the contract screen when there is no authorization limit for the transaction amount and where the authorizers limit is equal or greater than the contract amount.
An appropriate error is displayed if the authorizer tries to approve a contract whose authorization limit is less than the minimum authorization limit maintained in the Product Transaction Limit Maintenance screen.
The contract amount is considered as authorizer’s authorization limit during validation if:
- The authorizer with no limit maintenance is authorizing the contract.
- Contract is to be listed even after the completion of n-1 level of authorization when the sum of authorization limit of the authorizer involved is less than the contract amount.
- The system restricts authorization and displays an appropriate error message if the level of authorization is equal to or greater than n-1 and if the authorization limit of the user is greater than or equal to contract value minus sum of authorization limit of users involved in authorization.

The Multi-level Authorization screen allows you to authorize the pending contracts based on the Transaction Limit amount maintained in the Product Transaction Limits screen.

Specify the User ID and Password, and login to Homepage.

On the homepage, type OLDOVDEF and click next arrow.
The Multilevel Authorization screen is displayed.

Figure 4-46 Multilevel Authorization

Description of "Figure 4-46 Multilevel Authorization"

After you enter Module, Branch, Product Code, and Contract Reference, then you can view the Override Details and Authorization Details section.

Table 4-53 Multilevel Authorization

Field	Description
Contract Reference	Indicates the contract reference number of the loan contract.
Counter Party	Based on the contract reference number, the counter party appears.
Currency	Indicates the contract currency.
Amount	Contract amount is validated with the transaction limit amount for the specific combination.
Error Code	The system fetches the error code which made the contract moved to multi-authorization.
Level of Authorization	Up to four levels of authorization can be done through Multi-level Auth screen, those which has been maintained in Product Transaction Limits screen. Once levels of authorization is complete, then authorization is done in main transaction screen for making that transaction to authorized and validation is done with transaction limit as well.
Pending Authorization	Once you authorize the pending authorization contracts, the system reduces the pending levels of authorization, if the authorization is successful.
Completed Authorization	The authorization successful contracts are displayed in the Completed Authorization field.
Override Status	Indicates whether the contract is Authorized or Unauthorized.
Status	Status displays whether the authorization is successful, in case of failure it displays error details.
Maker ID	Maker Id displays the maker of the contract. The system ensures multi-level authorization is not done by the user who created the contract.
Remarks	You can enter any remarks about multi-level authorization.
Contract Details	The system launches the Contract -Online screen when the Contract Details button is pressed.
Role Details	Indicates whether the role mapping path based on authorization role mapping field.
Checker	Indicates the authorizer of the contract.
Authorizer Limit	Authorizer limit is the authorizer’s limit maintained in the Product Transaction Limits screen. The authorizer's limit is validated with the contract amount. That is, it should be greater than or equal contract amount. In case of failure, appropriate errors appears.
Limit Currency	If the contract currency is different from the transaction Limit Currency, then system converts the contract amount using the standard mid rate to the transaction limit currency and checks with the transaction limit amount maintained for the product.

Parent topic: Disbursing a Loan