Posting Procedure

                                            Posting Procedure

Here is the procedure of posting in the ledger account:

1. Locate the ledger account for the first debit in the journal entry.

2. Record the date in the date column on the debit side of the account. The date is the date of transaction rather than the date of posting.

3. Record the name of the opposite account (account credited in the entry) in the reference column.

4. Record the page number of the journal in the journal reference column from where the entry is being posted. 

5. record the amount of the debit in the "Account Column" on the debit side the account. 

6. Locate the ledger account for the first credited in the journal entry and follow the same procedure.