Gen. Bus. Posting Group Field

The Vendor Table

Here you can specify a general business posting group for the vendor. To see the general business posting groups in the Gen. Business Posting Group table, click the AssistButton in the field.

The code specifies to which general business posting group this particular vendor belongs. The general business posting groups can be set up to group vendors by geographical area (Domestic, EU countries, Overseas, and so on), type of business, or to distinguish between private entities and governmental agencies.

When you post transactions that involve this vendor, the program uses this code in combination with a general product posting group code in the General Posting Setup table. The General Posting Setup specifies the accounts (for purchases, discount amounts and so on) to which the program posts.