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Finance | Project Operations, Human Resources, ...
Suggested answer

What is Posting type?

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Posted on by 30

Hello Experts,

Currently I'm setting up journal name and there is field: Posting layer.

The Docs says:

  • Current - Default layer that is used.
  • Operations â€“ Used for entry of transactions.
  • Tax â€“ Where you record transactions that impact tax reporting.

However it's really heard to understand without any example. It would be great if you can explain what is a posting type and what does it use for? kind of Journal classify?

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: What is Posting type?

    Hi Ross Ross,

    Here is an example that illustrates how you can use posting layers to incorporate different accounting regulations for fixed assets.

    dynamicsax-fico.com/.../

    Posting layers are, however not limited to fixed asset but can be used in other finance areas as well.

    Best regards,

    Ludwig

  • RossDo Profile Picture
    30 on at
    RE: What is Posting type?

    Ah sorry I made a mistake. I mean Posting layer.

    Regarding this article and few discussion in community - Posting layer. It's really vague

    docs.microsoft.com/.../post-fixed-asset-transactions-posting-layers

    Could you please help me explain and provide an example?

  • RossDo Profile Picture
    30 on at
    RE: What is Posting type?

    .

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: What is Posting type?

    Hi,

    Can you share a link to the docs article?

    This reference seems to be wrong.

    What you list are posting layers, not posting types.

    The posting types classify a transaction, which helps for searching and structuring transactions.

    Best regards,

    Ludwig

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