To configure the approval method settings, follow these steps:
Click on the "Edit" icon in the Approval Method Settings section.
Select either "Manually" or "Automatic" for the respective client request types you want to configure.
For Deposit (Online Payment):
You can select the option "Partial Approval".
You will need to set the threshold amount for automatic approval.
For example, if the threshold is set to $100, deposits below $100 will be automatically approved, while deposits above $100 will require manual approval.
You can enable "Automatic Retry on Audit Failure" by selecting the option. A confirmation notice will appear to inform you of the associated risks. Click "Confirm" to proceed.
With automatic retry enabled, the CRM system will, at an interval of 30 minutes, attempt to retry failed deposit records within the last 90 minutes.
Successful retries will result in the missing funds being deposited into the clients' accounts.
It is important to be aware of the potential risks, such as duplicated deposits during abnormal situations.
To mitigate these risks, proactive monitoring and account reconciliation processes should be in place to promptly identify and rectify any duplicated deposits.
