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Inventory Posting Groups

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Posted on by ADDISION2

I see that only 3 inventory posting groups are given as examples for what the Inv. Posting Groups could be listed as... Retail, RM - Raw Materials, FG- Finished Goods.

Thinking ahead, what other groups are people using? Anything other than these three?

Our company primarily is domestic retail for equipment, parts and service. We do have two large customers in Guam, but no other international customers or vendors. We do not do manufacturing, but we do have two items that we assemble. We have two warehouse locations.

Should we be considering any other Inv. Posting Groups other than those listed?

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Inge M. Bruvik 1,111 Moderator on at

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This is really something you should discuss with your accounting department.

Often only one inventory posting group is needed because there are no business need for more than one G/L account holding your inventory value. Other times there can be 10-15 inventory posting groups. It all comes down to the need of separate you inventory value to different G/L accounts.

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YUN ZHU 95,548 Super User 2025 Season 2 on at

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Hi, I agree with Igne that posting group settings are generally different for each company. Depends on the company's business and financial needs.

You can set up just one, retail.
Or you can separate them according to transaction type, product category, currency, etc. and finally post them to different accounting accounts.

Demo data in SaaS:

Demo Data in On-Pre

Hope this helps as well.

Thanks.

ZHU

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