Monday Bytes: What is the difference between approving and posting?

In any organizational workflow, there are multiple stages where tasks are executed and decisions are made. In the context of accounting, we often come across the terms #approving and #posting. For anyone who isn’t familiar with accounting terminology, these two terms might sound interchangeable. However, there is a significant difference between these two concepts.

In this episode of #mondaybytes, Joanne explains the difference between approving and posting a transaction.