iJournals Approval Policy
Journals totaling less than $10,000 that do not automatically end-route, require an approver with sufficient approval authority. If the Originator has sufficient approval authority, he/she suffices as the approver and no additional approver is required. If the Originator does not have sufficient approval authority, the journal transaction must route to an individual with sufficient authority.
Journals totaling $10,000 or more that do not automatically end-route require an approver other than the originator, regardless of the originator's approval authority. The originator must select an approver as follows:
- Fund Transfers – must be routed to the originator's manager, or to the appropriate Fund Accountant
- Reclass – must be routed to the originator's manager, or to the appropriate FAIR Accountant
- Others – must be routed to the originator's manager, or to a peer in another department, or to a Central person