Completing and Posting

With Compeat, your work results in journal entries when it is posted. Completed transactions can be thought of as done and ready to post.

Complete buttons and Post buttons are available on the toolbar at the top of the screen when using the following transactions:

After batches are created using any of these features, you have the option to complete the entries and, if allowed by your security settings, to post the entries. For more information, see Security.

Complete

Select Complete to finish a transaction. Completed screens are ready to be verified and then posted by someone else. Entries that are completed but not yet posted can still be changed.

The Complete button is intended to be used by accounting personnel who do not have the authority — called batch posting authority in Compeat — to post transactions. These personnel will enter batches, then select the Complete button to finish the transaction. Subsequently, another person with batch posting authority will verify that the completed information is correct, and then post the batch using either the batch posting feature or using the individual transaction's Post button (see below). Typically, if using this two-tiered authority system, you will only grant batch posting authority to a certain level of management, and they will post in batches.

Post

Select the Post button to create journal entries from completed transactions and to have the information from them propagate throughout the Compeat system. Once entries are posted, they cannot be directly changed; to account for mistakes in them, you must make appropriate void transactions. Only users who have been granted batch posting authority will have access to the Post button in each transaction screen, and to the posting features under Transactions > Batch Posting.