When a journal entry is created with no submission, what is its default status?

When a journal entry is created without submission, its default status is "Created." This status signifies that the journal entry exists within the system but has not yet undergone any review or approval process. It is essentially in a preliminary state, where users can still make edits or adjustments before deciding to submit it for further action, such as approval or posting to the financial records. This allows for flexibility in data entry and ensures that all necessary information can be verified prior to moving the journal entry to a more advanced status like "Pending" or "Approved." By contrast, statuses such as "Approved" or "Pending" would only apply once the entry has proceeded through the relevant workflow processes.