Financial Control on Journal Names for important entry

Hello Dynamics Lover,

In this article, I shall articulate the nice out of box functionality, which is a very common ask form customer from the financial control point of view.

The business scenario is as follows

Very Common- For some journal posting (example, salary, employee expenses, outgoing payments), customer wants to put control on bookings, they want to restrict those kinds of postings with additional approval before posting.

We shall create a Salary Journal and make this for required approval before posting (without workflow)

1: Create a journal name and add a number sequence by standard way (General Ledger-> Journal Setup-> Journal Names)



2:Create a User group (System administration-> Users-> User Groups)


      3: Add approvers, who will approve these postings, (System administration-> Users-> User Groups-> add users)

4.   4: Add the user group to Journal name you have created (General Ledger-> Journal Setup-> Journal Names

(1) Mark “Approval” to yes

(2) Add user group to “Approve” section



 

The configuration is done, we will see the operations now


1)   Go to module for which you have created the journal (Vendor Payment Journal in our case)

2)   Create the journal , from the approval tab- select “mark as ready” ( user can not post at this moment because need to be approved first)



3)   Now approvers will approve this (or can reject this)



4)   This journal can be posted now


I hope this has been useful for you, kindly connect with me if you have any question or feedback on this.


Linkedin https: //www.linkedin.com/in/ramitpaulinnovation/




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