Set up and assign inventory posting groups

  • 7 minutes

Inventory posting groups are used to group items and map to inventory accounts, WIP accounts, and other accounts that relate to inventory. Reports, such as Inventory Valuation, and batch jobs, such as Post Inventory Cost to G/L, use inventory posting groups to list the results.

The inventory posting group setup is slightly different from the customer and vendor posting groups setup because two pages are used:

  • Inventory Posting Groups

  • Inventory Posting Setup

On the Inventory Posting Groups page, inventory item groups are specified. With this setup, users can link G/L accounts to item groups instead of specific items.

The Inventory Posting Setup page holds the links between the inventory posting group, inventory locations, and G/L accounts.

Screenshot of the Inventory posting setup page.

When the inventory posting group is assigned to an item, Business Central posts to the G/L account that is specified for the combination of inventory posting group and location code that is specified on the item line entry of the transaction.

To set up inventory posting groups, follow these steps:

  1. Select the Search for Page icon in the top-right corner of the page, enter inventory posting groups, and then select the related link to open the Inventory Posting Groups page.

  2. Select New.

  3. In the Code field, type a unique, descriptive identifier.

  4. In the Description field, type a short description of the inventory posting group.

  5. Close the Inventory Posting Groups page.

Next, combine the inventory posting groups with every location that is set up in Business Central:

  1. Select the Search for Page icon in the top-right corner of the page, enter inventory posting setup, and then select the related link to open the Inventory Posting Setup page.

  2. Insert a new line.

  3. In the Location Code field, enter the relevant location to combine with the inventory posting group.

  4. In the Inventory Posting Group Code field, enter the relevant inventory posting group.

  5. In each relevant account field, enter the G/L accounts that will be used to post transactions to the following:

    • Inventory accounts

    • WIP accounts

    • Manufacturing accounts

  6. Close the Inventory Posting Setup page.

To assign inventory posting groups, follow these steps:

  1. Choose the Search for Page icon in the top-right corner of the page, enter items, and then select the related link to open the Item Card page.

  2. Locate the item and open the item card.

  3. Expand the Costs & Posting FastTab.

  4. On the Costs & Posting FastTab, in the Inventory Posting Group field, enter the appropriate posting group.

  5. Close the Item Card page.