The Posting process will record each Payment in the Customer's Account and automatically creates "Journal Entries" in General Ledger (8.1.1). Remember to run the "Print Payment Proof Report" (6.4.2) to verify all entries are correct before posting.

You may set an Accounting Period as Open or Closed through “General Ledger Setup” in SYSTEM MANAGEMENT (10.2.3 field 9). If you try to post to a period that is “Closed,” an error message will be displayed and posting will stop. An example of the error message is: “99/10 is a Closed period. Please open before using.”

When Posting, the system will compare the current Accounts Receivable Accounting Period to the current Posting Date. If they are different, then a Warning Message will appear. To continue to Post when the Accounting Period does not match your Posting Date, type a <C> and press <ENTER>.