Bank Account Posting Group Table

Specifies posting groups that you can use to create links between each bank account and the general ledger. Posting groups specify the general ledger accounts to which bank account entries are posted.

After setting up posting groups, you can assign a posting group code to each bank account that you set up on the Bank Account card.

Now when you post purchase invoices, payments or credit memos involving a bank account, the program will register the information in the general ledger according to the posting group code.

For foreign currency bank accounts, the amount of the entry is posted to the general ledger account in the equivalent LCY value.

List of Fields in the Table

The following table lists the fields in this table.

See Also

Reference

Bank Account Posting Groups

Other Resources

How to: Set Up Bank Account Posting Groups