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Bal. Gen. Posting Type Field, Gen. Journal Line Table

Shows the general posting type associated with the balancing account that will be used when you post the entry on the journal line.

If you have placed a check mark in the Copy VAT Setup to Jnl. Lines field for this journal, the program automatically retrieves the general posting type from the general posting type field on the G/L account card when the Bal. Account No. field is filled in.

The program uses the general posting type associated with the balancing account, together with the Bal. VAT Bus. Posting Group and Bal. VAT Prod. Posting Group fields, to find the account to which the program posts VAT.

To see the general posting types that are available, choose the field.

The following table describes the options.

Option Description

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Use this option if the transaction on this journal line does not involve VAT.

Purchase

Use this option if the entry on this journal line contains a purchase transaction. The program uses this information to calculate the correct purchase VAT and post it to the account for purchase VAT.

Sale

Use this option if the entry on this journal line contains a sales transaction. The program uses this information to calculate the correct sales VAT and post it to the account for sales VAT.

Settlement

The program uses this option internally.

Important

The Bal. Gen. Posting Type field is associated with the Bal. Account No. field while the Gen. Posting Type field is associated with the Account No. field. You should use only one of these posting type fields, either associated with the Account No. or Bal. Account No. field, as they determine how Microsoft Dynamics NAV will post VAT.

Tip

For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.

Parent Tables

Table Location
Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger
Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger

See Also

Reference

General Journal

Other Resources

Work with General Journals