Customer Posting Group Field

The Customer Table

Here you can select a code for the customer posting group to which the customer will belong. To see the customer posting group codes in the Customer Posting Groups window, click the AssistButton in the field.

The customer posting group specifies to which accounts in the general ledger the program will post for transactions involving this customer. This posting group specifies accounts for customer receivables, service charges, payment discount amounts, interest, additional fees and invoice rounding amounts.

Attention

The account for payment discounts is used only if there is no check mark in the field Adjust for Payment Disc. in the General Ledger Setup window.

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.