From a prepared document to a posted, balanced journal.
The accounting preparer completes the document and its lines, attaches evidence and sends it for review.
An independent accounting reviewer checks the lines and evidence and records an approve, reject or return decision against the current revision. Self-approval is refused.
The controller posts the approved document as a balanced journal entry into an open accounting period. Debits must equal credits and accounts must be active in the same organization; the operation key makes sure it posts once.
Draft or in-review documents can be cancelled as rejected with a return decision. A posted document is corrected only by a reviewer-approved compensating journal entry.
And how to keep it from happening.
Start free, then use Proto to change fields, steps and approvals before your team goes live.