Code Field, Vendor Posting Group Table
Specifies a vendor posting group code. You can enter a maximum of 10 characters, both numbers and letters.
For each posting group, you set up a code and information. Then you enter the code in the Vendor Posting Group field on the vendor card. After this, when you post orders, invoices, credit memos, payments, and so on, the program will use the information represented by the code to post to the accounts you specified.
Posting groups determine the accounts to which purchases, payments, and so on are posted in the general ledger. They also let you group vendors for statistical purposes.
Use codes that are easy to remember and descriptive, such as:
EU, Import, Domestic, Government, Private
The code must be unique - you cannot have the same code twice in one table. You can set up as many codes as you like.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
| Table | Location |
|---|---|
| Vendor Posting Group Table | Purchases and Payables |