Approving a recurring transaction

All recurring transactions created in Fusion Cash Management (FCM) must be approved.

To approve a recurring transaction

1. Navigate to Payments.

2. Click Recurring Transactions. The Recurring Transaction page is displayed.

If the workflow profile attached is configured for Record Key verification feature, then you are required to use the Record Key Verification as an additional layer of amount verification for payment transactions.

3. Select a record from the summary grid to approve. The Record Key Verification pop-up window is displayed.

For group approval action, all of the selected transactions is displayed in the pop-up window.

4. Specify the transaction amount for the record to proceed with verification. FCM performs an additional security validation to verify if the amount specified is correct.

Amount is not displayed on the page.

5. Click Approve.

6. If the transaction amount specified for the transactions in the pop-up exactly matches with the initiated transaction amount, the record is sent for further approval process, such as Maker-checker, AVM, or SVM.

If you do not specify the amount for the transaction in the pop-up window, an error message Amount is required is displayed.

For any record in the verification pop-up, if the amount verification fails, FCM displays an error message, Record will be declined due to amount mismatch, Do you wish to proceed?.

7. If you click No, you are navigated back to the verification pop-up and are allowed to specify the transaction amount again for verification of the transaction records with failed verification.

If you click Yes, FCM rejects the records for which the amount is not correct.

Following is example of Record Key Verification:

· You can approve recurring transaction with the Submitted status only.

· After approval, the status of the recurring transaction changes to Pending Send.

· You can also reject a recurring transaction using the above method. Select the recurring transaction and click Reject.

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