Posting

Posting is the process of transferring financial information from journals to individual accounts within the general ledger. In nonprofit accounting, transactions such as donations, expenses, and grants are first recorded in a journal. Posting ensures these entries are accurately reflected in the organization's ledger accounts, providing a comprehensive record of all financial activity. Regular posting helps maintain up-to-date account balances, supports transparent reporting, and simplifies the reconciliation process. Timely and accurate posting is essential for tracking the financial health of a nonprofit, ensuring accountability, and preparing reliable financial statements.