For an Import Accounting Journal EIB, what will the status of the resulting journal entry be if the Submit column is set to "N" or left blank?

For an Import Accounting Journal EIB, what will the status of the resulting journal entry be if the Submit column is set to "N" or left blank?

• A. Submitted
• B. Created
• C. In Progress
• D. Approved

Answer: (B)

When the Submit column is set to "N" or left blank for an Import Accounting Journal EIB, the resulting journal entry will be in a "Created" status. This indicates that the data was successfully imported into the system and a journal entry record has been generated, but it has not yet been submitted for processing. In Workday, this status reflects that the entry is ready for review or further actions, such as editing or submitting for approval, but the workflow for actual posting has not been initiated. The "Created" status serves as an intermediate step, allowing users to confirm that their data import was successful without immediately pushing the entry into the next phase of processing. This provides flexibility in managing journal entries, ensuring accuracy and completeness before they are finalized in the accounting system.

When the Submit column is set to "N" or left blank for an Import Accounting Journal EIB, the resulting journal entry will be in a "Created" status. This indicates that the data was successfully imported into the system and a journal entry record has been generated, but it has not yet been submitted for processing. In Workday, this status reflects that the entry is ready for review or further actions, such as editing or submitting for approval, but the workflow for actual posting has not been initiated.

The "Created" status serves as an intermediate step, allowing users to confirm that their data import was successful without immediately pushing the entry into the next phase of processing. This provides flexibility in managing journal entries, ensuring accuracy and completeness before they are finalized in the accounting system.