Resolution

Set up an approver:

System Administration > Workflow Administration > Workflow User Attribute

Set up a PEA business rule:

System Administration > Workflow Administration > Workflow Business Rules

Click Add
Enter PEA in the Process field
In the Step field enter the desired step number - It is suggested to create rules in step increments of 5 or 10, in case additional steps need to be added between existing business rules in the future.
Select AMT-Dollar Based from the Type dropdown menu
Populate Min Amt and Max Amt with desired values that would require approval at this step
Check box for Deliver immediately
1. Option for Catchall rule should be when all actions need approval including ones that fall outside of the defined range.
Check radio button for desired Group approvers at this step option
Enter either the username of the approver in an Approver(s) field or enter a role of the approver in a Role(s) field
Click Accept

Note: it is recommended to follow the same steps in order to add another PEA business rule as a step 99 catchall rule

Update approver AR permissions:

System Administration > Security > User Attributes

Search the user (approver)
Click the Effective Permissions tab
Scroll down to the Accounts Receivable module and Release Batch Status permission and double-click that line
In the pop out window, highlight the role to be updated
Click Edit Role
Double-click the Accounts Receivable folder
Click Update
Change Release Batch Status to Released

Update Payment Entry users AR permissions:

System Administration > Security > User Attributes

Search the user
Click the Effective Permissions tab
Scroll down to the Accounts Receivable module and Release Batch Status permission and double-click that line
In the pop out window, highlight the role to be updated
Click Edit Role
Double-click the Accounts Receivable folder
Click Update
Change Release Batch Status to Released

Set up auto approval for PEA workflow if desired:

System Administration > Workflow Administration > Workflow

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