Skip to main content
Business Central forum
Suggested answer

When does a GL account need to have a Posting Type, Gen Bus Posting Group, Gen Prod. Posting Group?

editSubscribe (1) ShareShare
ReportReport
Posted on by

I was trying to process a prepayment to a vendor where the purchase is made to a GL account, and it kept giving me an error, I finally tracked it down to the fact that the Prod. Posting Group = '' was because of the GL Account. My question is should every account be selected with posting groups, or when is it needed at the GL account level? What is the downside of selecting those? Looking at Cronus, it appears only a few are selected with posting groups.

Thanks,

Kevin

  • Suggested answer
    Dallefeld Profile Picture
    Dallefeld 11,415 UG Leader on at
    RE: When does a GL account need to have a Posting Type, Gen Bus Posting Group, Gen Prod. Posting Group?

    Zhu and Gavin provided some great links.

    The real answer is....it depends. If you are using GL Accounts in documents as Gavin shows and you have discounts, then the only place to get the GL account for the discount is from a General Posting Setup...that is if you are posting discounts separately.

    If you are using any GL account in a document, there are times when the system checks for the Product and Business posting groups even though they will not be used.

    I agree with Gavin, assign to income statement accounts and you should be good.

  • Gavin Profile Picture
    Gavin 2,331 on at
    RE: When does a GL account need to have a Posting Type, Gen Bus Posting Group, Gen Prod. Posting Group?

    Hi,

    We mostly assign posting groups to expense and income GL codes. Basically those codes you are likely to use in normal transactions. i.e. invoices and credits. 

    This blog I wrote goes into more detail on the subject.

    https://thedynamicsexplorer.com/2020/12/18/dynamics-365-business-central-why-do-you-need-to-specify-posting-groups-on-g-l-codes/

    I hope this helps.

    Thanks

    Gavin

  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 59,978 Super User on at
    RE: When does a GL account need to have a Posting Type, Gen Bus Posting Group, Gen Prod. Posting Group?

    Hi, Maybe the following link can help you.

    https://usedynamics.com/business-central/finance/posting-groups-on-gl-accounts/

    Thanks.

    ZHU

Helpful resources

Quick Links

What Motivates a Super User?

We know many of you visit the Dynamics 365 Community and Power Platform…

Demystifying Copilot with Georg Glantschnig…

Industry experts answer burning questions directly from our amazing Community…

Setting Up Knowledge Sources for Copilot…

Look at how configuring a comprehensive knowledge base is crucial…

Leaderboard

#1
Andre Arnaud de Calavon Profile Picture

Andre Arnaud de Cal... 283,066 Super User

#2
Martin Dráb Profile Picture

Martin Dráb 222,585 Super User

#3
nmaenpaa Profile Picture

nmaenpaa 101,138

Product updates

Dynamics 365 release plans