Archive recovery note: the supplied Blogspot backup did not contain a separate saved page for this older entry. The text available in its archive/listing capture has been preserved and flagged for a later completeness check.
A signing limit defines the largest financial commitment that a worker is authorized to make on behalf of an employer. There are two types of signing limits — spending limits and approval limits . A spending limit is the maximum amount a worker is authorized to spend on business-related purchases. An approval limit is the maximum amount a worker is authorized to approve for a specific business document when the document is submitted to workflow. The limits are associated with a worker's job or compensation level. Signing limits can also vary depending on the transaction type — purchase requisitions , expense reports , purchase orders , and invoices can have different signing limits. Signing Limit Parameters Organizations assign default signing limits. Depending on the configuration of signing limits in an organization, a worker can obtain a default signing limit in one of the following ways. The worker is automatically assigned the default signing limit...
Ask a question or leave feedback
This is a review interaction. The WordPress version will store, thread and moderate comments.