Navision General Posting Groups

General Posting Groups In Dynamics NAV
There are 2 types of General Posting Groups:

• General Business Posting Group

1. Who we sell to - CUSTOMERS
2. Who we buy from - VENDORS

For Example: Import, Local, Interstate etc. like grouping occur here.

• General Product Posting Group

1. What we sell - ITEMS and RESOURCES
2. What we buy - ITEMS

For Example: RM(Raw Materials), FG(Finished Goods), CN(Consumables) , etc. like grouping.

General Business Posting Group

• Assign to Customers and Vendors.
• Use to break down sales by customers and purchases by vendoers.

1. geographical area - domestic, export
2. Type of business - retail, industrial, service, wholesale
3. private / government

• FINANCIAL MANAGEMENT -> SETUP -> POSTING GROUPS -> GENERAL -> BUSINESS
• Fields in General Business Posting Groups

1. Code
2. Description
3. Def. VAT Bus. Posting Group--> Default VAT Bus. Posting Group for transaction involving this General Bus. Posting Groups--> Auto updated to Vendor / Customer card if Auto Insert Default is set to true.
4. Auto Insert Default

Product Posting Group

• Assign to items and resources
• FINANCIAL MANAGEMENT -> SETUP -> POSTING GROUPS -> GENERAL -> PRODUCT
• Breakdown sales by items and purchases by items

General Posting Setup

• FINANCIAL MANAGEMENT -> SETUP -> POSTING GROUPS -> GENERAL -> POSTING SETUP
• Matrix of General Business Posting Group and General Product Posting Group