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Journal Entry Approval Workflow - Void Journal Entry?
What are the limitations of Void in the Approval Workflow for Journal Entries? Will I need to create a custom Journal Entry Approval Workflow in order to give the functionality of Void button on a Journal Entry?
Please let me know if my findings below are valid.
Approval Dependency: You cannot void a journal entry that is pending approval. The entry must be fully approved before it can be voided.
Permission Requirements: Users need the appropriate permissions to void an approved journal entry. Specifically, they must have the Full level of the Journal Approval permission.
Linked Transactions: If a journal entry is linked to a payment transaction, you must unapply the payment before voiding the journal entry.