New York Uniform Commercial Code Law Section 4-109 - Process of Posting.

Section 4--109. Process of Posting.
The "process of posting" means the usual procedure followed by a payor
  bank  in  determining  to  pay  an  item  and  in  recording the payment
  including one or more of the following or other steps as  determined  by
  the bank:
(a) verification of any signature;
(b) ascertaining that sufficient funds are available;
(c) affixing a "paid" or other stamp;
(d) entering a charge or entry to a customer's account;
(e)  correcting or reversing an entry or erroneous action with respect
  to the item.

Last modified: February 3, 2019