Approve a manual opening balance reference

This part of the guide explains how to approve a manual opening balance reference.

The approval of a manual opening balance reference is only possible when its status is In Progress or Pending Final Approval. Once the manual opening balance reference has been approved, its status changes to Approved.

The following example shows how to approve a manual opening balance with an In Progress status. This procedure is standardized and applies also to a manual opening balance reference with a Pending Final Approval status.

Step 1 - Go to the page List of Manual Opening Balance References

1. Go to the Tax Account module;
2. Choose the Manual Opening Balance References menu. This action opens the List of Manual Opening Balance References page (503:2023);

Step 2 - Approve an opening balance reference

3. Go to the Status column;
4. Choose the In Progress option. This action displays all the opening balance references with this status;
5. Search for the opening balance reference to be approved;
6. Check the Reference No. box subject of the request.
7. Click the Approved button. This action opens a confirmation window;
8. Add a Comment;
9. Click the Save button. This action confirms the approval of the opening balance reference, changes its status to Approved, and updates the List of Manual Opening Balance References page (503:2023).