Financials Posting

The Financials Posting OSID manages accounting transactions.

Post Entry

A PostEntry is a debit or a credit to or from an Activity and general ledger Account. Post entries are part of a Post.

Posts

A Post is the entire accounting transaction composed of PostEntries. The sum of all PostEntries in a Post should balance in a double entry accounting scheme.

A Post is related to a specific FiscalPeriod. A Post may also be marked as a correction to a previous Post where the posting date falls outside the targeted FiscalPeriod.

The posting is complete when the Post if posted. Before it is posted, the Post may be updated and assembled wby creating PostEntries. Typically, once a Post is submitted it is frozen.

A Post is transactional in that the posting of all PostEntries succeeeds or fails.

Business Cataloging

Posts and PostEntries can be organized into federateble Businesses.

Sub Packages

The Financials Posting OSID contains a Financials Posting Batch OSID for managing Posts and PostEntries in bulk.

Package List Model

Post

Osid Object Aggregateable

A Post is a set of PostEntries representing a complete accounting transaction.

Inherited elements

Name	Syntax	Many	Description
Identifiable
`id`	id		the `Id`
Extensible
`recordTypes`	type	⋆	the record types available
Browsable
`properties`	Property	⋆	a list of properties
OsidObject
`displayName`	displaytext		the display name
`description`	displaytext		the description
`genusType`	type		the genus type of this object

Name	Syntax	Many	Description
`fiscalPeriodId`	id		the `FiscalPeriod` `Id`
`fiscalPeriod`	FiscalPeriod		the fiscal period
`isPosted`	boolean		`true` if this has been posted, `false` if just lying around
`date`	datetime		the posting date
`postEntryIds`	id	⋆	the `PostEntry` `Ids`
`postEntries`	PostEntry	⋆	the post entries
`isCorrection`	boolean		`true` if this post is a correction, `false` otherwise
`correctedPostId`	id		the corrected `Post` `Id`
`correctedPost`	Post		the corrected post

Post Entry

Osid Object Subjugateable

A PostEntry is a debit or a credit made to an Account and Activity.

Inherited elements

Name	Syntax	Many	Description
Identifiable
`id`	id		the `Id`
Extensible
`recordTypes`	type	⋆	the record types available
Browsable
`properties`	Property	⋆	a list of properties
OsidObject
`displayName`	displaytext		the display name
`description`	displaytext		the description
`genusType`	type		the genus type of this object

Name	Syntax	Many	Description
`postId`	id		the payer `Id`
`post`	Post		the post
`accountId`	id		the account `Id`
`account`	Account		the account
`activityId`	id		the activity `Id`
`activity`	Activity		the activity
`amount`	Currency		the amount
`isDebit`	boolean		`true` if this entry amount is a debit, `false` if it is a credit