The post reference, or PR, column is one of the chief ways to ensure that your books remain accurate and complete. In accounting, to "post" a transaction means to record it in the journal and/or the ...

A business may have system-generated and manually entered journal entries for accounting. Some entries, such as accounts payable or payrolls, are automatically recorded in the computer system when a ...

Journals are created following the business rules and Chart of Accounts architecture for valid values to record and order financial information for management and reporting. Journals should contain ...