error of omission

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November 8, 2011 at 8:47 pm #50393
Vipin
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The cash discount totals for the month of September 20X8 had not been posted to the general ledger accounts. The figures were:
Discount allowed $836
Discount received $919

the above example is discussed in technical article of acca webpage. according to me, it should be error of omission but they do not take it as error of omission. can anybody tell the reason.?
November 14, 2011 at 7:30 pm #89481
Vipin
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this is error of posting as they failed to post from records to accounts.

error of ommision is when they fail to record from original documents(invoice, credit note) to records(books of prime entry).
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