Here you can select a code for the inventory posting group to which the item will belong.
The inventory posting group determines the inventory account in the general ledger to which the program posts for transactions involving this item.
Information on VAT % and the accounts (for VAT, sales, purchases and so on) to which the program posts for transactions involving different customers, vendors, items and resources is specified in the VAT Posting Setup window.
To see the inventory posting group codes in the Inventory Posting Groups window, click the AssistButton to the right of the field.