Financial Transaction Approval Checklist ( FINANCE )

This checklist ensures that all financial transactions are properly approved before processing to maintain integrity and compliance within the financial operations of the organization.

• Initiate Transaction Request

  Ensure that the transaction request is initiated by the authorized personnel with all necessary details.

• Review Transaction Details

  Verify the transaction details against supporting documents to ensure accuracy and completeness.

• Obtain Required Approvals

  Forward the transaction request to the necessary approvers based on the financial delegation of authority.

• Document Approvals

  Collect and document all approval signatures or electronic approvals for record-keeping.

• Process Transaction

  Once all approvals are obtained, proceed with the processing of the financial transaction.

• Notify Stakeholders

  Inform relevant stakeholders that the transaction has been processed and provide any necessary documentation.

• File Documentation

  Ensure that all related documents and approvals are filed appropriately for future reference and audit purposes.