Summary
Journal setup completion allows you to create journal and journal lines and record vendor and customer transactions.
You can also set up journal validation and journal approvals for every financial journal. With journal validation, you can add restrictions on users, accounts, and modules. For each journal type, approval procedures for verification can be set up before any update.
User rights are also an important consideration. The level of detail stored in individual records and fields can be modified. Defining access permissions (read, edit, add, or delete) allows for increased security for sensitive information.
By using built-in intelligent reports and inquiries in Finance, finding the underlying data is very easy. You can use accounting explorer, original documents, voucher templates and many more tools to find details and insights or the origin of the posted transaction.