Create an approval price threshold

An approval price threshold is a range of values that an approval group can use to perform approval activities on financial transactions. An approver can only see the transactions within the range of the price threshold assigned to the approval group.

Relate an approval price threshold to a specific project or to all projects. You can define an approval group for multiple price thresholds only if each price threshold is related to a different project. For example, if you define an approval group for a price threshold related to project 1, you cannot define the same approval group for another price threshold that is related to project 1.

1. Navigate to the s50042 Approval Price Threshold screen.

2. To refresh the screen, select the F5 key.

3. On the Home menu, in the Record group, select Create.

   In the Thresholds grid, a blank row is created.

4. Select the General tab and perform the following:

   • From the ApprovalGroup dropdown, select the required approval group.

   • In the Price Upper Threshold field, enter the required value.

   • From the Currency dropdown, select the required currency.

5. (Optional) Enter the relevant details in other fields as required. For more information on all the fields, see s50042 Field descriptions.

6. On the Home menu, in the Record group, select Save.

   The approval price threshold is created.