Definition, Meaning & Synonyms
posting-error
Noun
/ˈpoʊstɪŋ ˌɛrər/
Definition
A posting error is a mistake that occurs during the entry of data into a system, typically relating to accounting or financial records, where information is recorded inaccurately or incompletely.
Examples
- After reviewing the invoices, the accountant found a posting error that impacted the quarterly financial report.
- It is crucial to double-check your entries to avoid making a posting error in the system.
Meaning
Posting errors can lead to incorrect financial statements or reports, affecting decision-making.
Synonyms
- data entry mistake
- recording error
- input error
