You use business group codes to determine posting according to the location (country) of the customer or vendor involved in the transaction.
Open the Gen. Business Posting Groups window.
In the Code field, enter a code to identify the group.
In the Description field, enter a brief description of the group.
Repeat this procedure for each business group you want to set up.
The general posting setup does not apply to bank accounts.
General Posting Setup
Setting Up General Product Groups
Setting Up Default VAT Business Posting Groups
Assigning General Business Group Codes to Customer and Vendor Accounts
Assigning General Business and Product Group Codes to G/L Accounts
Setting Up Combinations of General Business and General Product Groups