💡What's New 24D: Exception-Based Approvals for Manual Subledger Entries

💡 Description of the Functionality:

Exception-Based Approvals for Manual Subledger Entries

Use the approvals workflow for manual subledger entries to improve governance of subledger accounting activities performed by users. With a simplified rule configuration experience, users can enable approvals for specific subledgers, journal sources, and ledgers to drive approvals based on configurable business attributes. By defining customizable approval rules based on business attributes, organizations can ensure that each manual subledger entry complies with their governance policies.

Business benefits include:

• Spreadsheet-based definition of business rules and notifications enables the creation of a customized workflow tailored to an organization's unique operational needs and risk tolerance levels.