A partial posting error occurs when an entry is posted to one sub-ledger but does not appear in the linked sub-ledger.
- A cheque issued from the general bank does not reduce your accounts payable balance or appear in the payments listing
- A cheque issued from the general bank does indeed reduce your accounts payable balance but this time it does not appear in the general bank journal or the bank reconciliation
- Accounts receivable receipt reduces the receivable, but does not appear in the bank journal or reconciliation
Fairly easy to correct. Simply remove the offending entry and redo it – just confirm that it now appears in both journals before moving on.
As always, I invite your comments and suggestions for future post topics. Next week – Read/Write Errors.