Small and medium business | Business Central, N...

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

(1) Share

Report

Posted on by kjjson

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

I have the same question (0)

All responses (3)

Answers (0)

Suggested answer

YUN ZHU 95,597 Super User 2025 Season 2 on at

Like (1)

Report

Hi, Maybe the following link can help you.

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

Thanks.

ZHU

Was this reply helpful? Yes No
Gavin 2,508 on at

Like (1)

Report

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

Was this reply helpful? Yes No
Suggested answer

Dallefeld 211 User Group Leader on at

Like (1)

Report

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.

Was this reply helpful? Yes No