In plain English
This means the account record already shows the payment. The amount has been taken into account in the balance, rather than still being absent from it.
In context
Here, it reports that the account already shows the payment and that the balance reflects it.
- Situation
- Understanding invoices, billing statements, balances, due dates, credits, and receipts
- What it communicates
- reports that a payment has been entered on the account record
Meaning limits
By itself, this status does not say whether the account is fully paid or when the payment was made.
Examples
“The payment posted on the account reduced the balance, but part of the bill was still unpaid.”
“When she checked again, the payment was posted to the account and the balance was lower.”