mibuso.com
Home› NAV/Navision Classic Client

General Product Posting Group in Chart of Accounts?

mspellmanmspellman Member Posts: 6
edited 2006-08-09 in NAV/Navision Classic Client
What is the function of assigning the General Product Posting Group to a G/L account in the Chart of Accounts. I understand how the General Posting Setup works, but I don't understand the need for this field in the Chart of Accounts.

Thanks for any input,
Mike

Comments

  • ecclecticecclectic Member Posts: 176
    in the same line, what is the purpose of the business posting group on the chart of accounts?
  • johnson_alonsojohnson_alonso Member Posts: 690
    What is the function of assigning the General Product Posting Group to a G/L account in the Chart of Accounts

    for example, your GPPG (General product posting group) is sales. you can see it appear when you use the G/L acc. no. directly using general, cash receipt or payment journal, although you must check direct posting in the G/L acc. no.. By assigning the GPPG to the G/L acc. no., it will be restricted your G/L acc. no. only for sales or purchase. you can drill down to see the G/L entries and see the posting time only purchase recorded there if you select purchase.


    Rgds,
    Johnson
    subscribe to:
    sea-navision-community-subscribe@yahoogroups.com
    detail in:
    http://sea-navision-community.blogspot.com
Sign In or Register to comment.