November 11, 2024
4 min read
Voiding journal entries in NetSuite is straightforward, but there's no approval process. Anyone with edit permission can void entries, and there's no documentation of why entries were voided—a control gap for many organizations.
We implemented a controlled voiding process that requires approval before journal entries can be voided. The void request captures the reason, routes for approval, and only executes the void when approved.
Instead of voiding directly, users submit a void request with justification. The request routes to approvers based on entry amount and type. When approved, the system executes the void and logs the complete history.
Approval required before JE voids
Documentation of void reasons
Complete audit trail for voided entries
Stronger controls over GL modifications
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