# Approval

> Approval — Formal authorization of a specific version.

Source: https://lopifi.com/glossary/approval
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is approval?** In accounting, approval means formal authorization of a specific version.

## Words this system refuses for it

- sign-off (reserved for close sections)

- **Category:** Controls
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [approval-chain](https://lopifi.com/md/components/approval-chain), [approval-inbox](https://lopifi.com/md/components/approval-inbox), [bill-register](https://lopifi.com/md/components/bill-register), [approval-policy-editor](https://lopifi.com/md/components/approval-policy-editor), [cash-application](https://lopifi.com/md/components/cash-application)