Gen. Bus. Posting Group Field, Gen. Jnl. Allocation Table
Shows the general business posting group that applies to the entry on the allocation journal line.
The program automatically retrieves the code from the Gen. Bus. Posting Group field on the G/L account card, when the Account No. field on the journal line is filled in.
When you post the recurring journal line, the program will use the business code, in combination with the Gen. Prod. Posting Group and Gen. Posting Type fields on the journal line, to determine the contents of the VAT % and VAT Calculation Type fields and to determine the account to which VAT will be posted.
If you want your VAT system to be consistent, the general posting type must be specified correctly on the G/L accounts.
To see the general business posting group codes that are available, choose the field.
Important
The general posting type and general posting group fields can be filled in on either the recurring journal line or in the allocation journal line, but not on both. That is, they can be filled in on the allocation journal only if the corresponding lines in the recurring journal are not filled in.
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. Jnl. Allocation Table | General Ledger |
| Gen. Jnl. Allocation Table | General Ledger |