Posting Date: Understanding Posting Dates for Accurate Bookkeeping update
The reconciliation process often involves cross-referencing multiple documents, such as purchase orders, invoices, and payment receipts, to verify that each transaction is correctly logged. When the dates do not align, this process can become time-consuming and prone to errors. On the other hand, the posting https://www.bookstime.com/ date refers to the date when the transaction is…