Credit Transactions - do not need approval

Hi ,

Is this true that if you raise a Credit memo or if you do a Credit Adjustment you would need approval in AR. But if you do a Credit Transaction or Credit Transaction of lines you would need not need approval in Oracle Receivables. If this is true then what is the logic behind this? We are in R12.1.3.

In the Approval limits form the Document Types are Credit Memo, Adjustments, Refund and Receipt write off. I just did a Credit Transaction and completed it and it updated the balance of the Invoice without going through any approval process.