In Payments Received and Trust Deposits , you enter the posting date. What is the importance of the posting date?
The posting date is the date the entries will appear in your general ledger. For example, you may receive client payments each day during the week, but you only deposit them into the bank once a week. The posting date would be the date of the actual deposit. This is important when doing the bank reconciliation. If you are out of balance, check the dates of your deposits to be sure they were included in the proper month.
