7.3.2 Authorize Amendment Details
While saving the amendment details, the amended amount is validated against the product transaction limit and the user input limit maintained in the system. If the amount exceeds the allowed input limit or the product transaction input limit, an appropriate override/error message is displayed.
The system will convert the contract amount using the standard mid rate to the transaction limit currency and check against the transaction limit amount maintained for the product if the contract currency is different from the transaction limit currency.
You have to get a contract authorized by your supervisor. Follow the steps given below to
authorize:
- Click authorize icon in the toolbar of the screen. The following screen are displayed:
- Click ‘OK’ to proceed. The system will seek a confirmation for generating the messages. Click ‘OK’ to proceed.
- Click ‘Cancel’ to return to the ‘Amendment Confirmation’ screen. The system will
display a message to confirm successful authorization of the record. The audit
trail of the screen will now display the following details:
- Checker ID – Login id of the authorizer
- Checker Dt Stamp - The date and time at which you authorized the contract
- Auth Status – The status will updated to ‘Authorized’
Parent topic: Islamic LC Amendment Details