What is approval status in SAP SBO - SAP Business One?

SAP Term: approval status

• Component: SBO

• Component Name: SAP Business One

• Description: The current state of a document that requires validation. There are three options: No decision yet Approved Not approved

Smart SAP Assistant

• Key Concepts: 
  Approval status is a feature in SAP Business One (SBO) that allows users to track the progress of documents and transactions. It provides a visual representation of the current status of a document or transaction, such as pending, approved, or rejected. This feature helps users to quickly identify which documents and transactions require further action.
  
  How to use it: 
  To use the approval status feature in SBO, users must first set up an approval process. This involves defining the different stages of the process, such as pending, approved, and rejected. Once the process is set up, users can assign an approval status to each document or transaction. The status can be changed as needed throughout the process.
  
  Tips & Tricks: 
  When setting up an approval process in SBO, it is important to consider the different roles and responsibilities of each user involved in the process. This will help ensure that all documents and transactions are properly tracked and that any changes are made in a timely manner. Additionally, it is important to keep track of any changes made to the approval status of a document or transaction so that users can easily identify which documents and transactions require further action.
  
  Related Information: 
  For more information on setting up an approval process in SBO, please refer to the SAP Business One User Guide. Additionally, there are several online resources available that provide step-by-step instructions on how to use the approval status feature in SBO.