Consolidation Journal Status

The Consolidation journal status indicates the current state of the journal. The status of a journal changes when you create, complete, submit, approve, reject, or post the journal.

Table 9-4 Journal Statuses

Status Description

Working

Journal is created. It has been saved, but it may be incomplete. For example, more line items may need to be added.

Completed

Journal is completed. The creator of the journal with the Consolidation Journals - Create role selected the Complete action for a journal ready to be submitted.

Submitted

Journal is submitted for approval.

If it is rejected, the status returns to Working.

Approved

Journal is approved for posting.

If a journal is rejected, it returns to the Working status.

Posted

Journal adjustments are posted to the database.

The journal actions that are available depend on the journal status. For example, if the journal has a status of Approved, the only actions available are Reject or Post.