What happens when a journal entry is created and subsequently posted?

When a journal entry is created and subsequently posted in NetSuite, it becomes a permanent part of the financial records. At this stage, it prevents any changes to the associated source transactions, unless voided. This ensures the integrity of the financial data, as posted journal entries reflect finalized accounting events that should not be altered. The posting process is an essential control measure in accounting systems to ensure that transactions are accurately reported in financial statements.

In this scenario, while options about reverting transactions, generating invoice approvals, or the entry being permanently lost may seem relevant, they do not accurately describe the implications of posting a journal entry. Transactions typically cannot be reverted easily once they are posted, and invoice approval processes are not automatically linked to the posting of a journal entry. Similarly, the posted entry is not lost; rather, it remains in the system as a recorded transaction that can be referenced, amended only through specific actions such as voiding. Therefore, the main aspect of posted journal entries is their role in ensuring transactional integrity and accuracy in financial reporting.