Retained Earnings	Assign an account number to the Retained Earnings
Current Earnings	This is the account the current earning are reported on for the balance sheet until the fiscal year is closed.
Suspense Account	Assign an account number to the Suspense Account.
Prior Fiscal Year	Allow posting to Prior Fiscal Years
Prior Periods	Allow posting to Prior Periods
Future Periods	Allow post to Future Periods
Immediate Auto Release & Post to G/L without Review	This means that when the transaction is saved or approved in the originating screen it is automatically posted to the General Ledger without having to go through any release or posting screen for review.  If posting to Prior Fiscal Years, Prior Periods or Future periods is set to NO, then no types of transactions can be set to Immediate Release/Immeditate Posting.If any types of transactions are set to Immediate Release/Immediate Posting, then no restrictions can be placed on posting to Prior Fiscal Years, Prior Periods or Future periods.
Auto Release & Manual Post after Review	This means that when the transaction is saved or approved in the originating screen, the transaction is placed in the released tables and only has to go through the posting routine to be posted to the General Ledger.
Manual Release after Review & Manual Post after Review	This means that the transaction must first be released and then posted as two separate activities.

If users change the Posting Defaults they will receive a warning that they should make sure that ALL records have been released and posted before changing the posting default.    ManEx strongly suggests NOT changing the Posting Defaults once they have been setup. NOTE: Changing the Posting Defaults could result in loss of records.