[A] The three rules of approval are: "Credit Limit", "Company" and "Amount".
[B] Credit Limit: This rule means that if a document created for a particular company and the amount of that document is breaching the credit limit set by you in the credit limit rule, then the document will be sent to the approval.
[C] Credit limit is calculated from the previous balance payments.
[D] Company: This rule means that if a document is created for a particular company, it will be sent for approval to a person. This does not depend on monetary value and will be sent for approval because it is being created for that company.
[E] Amount: This rule does not depend on a company. If the document created has a monetary value between the lower bound and upper bound, the document will be sent for approval no matter which company it is created for.
Keywords: Approval rule meaning, the meaning of approval rule, company, amount, credit limit