Invertext Online Technical Dictionary


transitive verb  


Definition 1

In accounting, transfer to the ledger entries made in the day book or journal.

Source: Invertext

Context: Periodically, the entries in the journal [are] transferred to the main record, described as the ledger, by a procedure known as posting.

Source: Accounting Theory and Practice, Pearson Education

Appears in the following subjects

Banking, Stock Markets, Accounting