Journal Approval Manager
CloudTamers Journal Approval application for NetSuite extends NetSuite’s standard approvals functionality and restricts users from approving journals that they have created – forcing approval by others and thereby increasing accountability and business security.
NetSuite’s standard journal approval process allows a user with journal approval permission to approve any journal, including their own, thereby permitting these users to move money around an organisation without the security of independent checking and oversight.
CloudTamers Journal Approval gives an organisation clear segregation of duties by preventing users from approving journals they have created. With the CloudTamers Journal Approval app, approval routing is structured so that a journal can only be approved by:
- Any user in the journal creator’s up-line, or
- Any user whose Employee record has a tick for ‘Global Journal Approver’
Three different journal types are managed with the CloudTamers Journal Approval App
- Standard Journal
- Intercompany Journal
- Statistical Journal
This essential level of security applies to the approval of journals that have been imported as well as journals that have been input manually. Searches and dashboard reminders are available to display lists of journals that have a Journal Approval Status of ‘Pending Approval’.
These can be filtered for all unapproved journals or to unapproved journals designated to a specific Supervisor. This essential level of security applies to the approval of journals that have been imported as well as journals that have been input manually
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