Defines links between customers and the general ledger with customer posting groups.
 Important |
|---|
| You must set up the necessary accounts in the Chart of Accounts window before you set up posting groups. |
In the Customer Posting Group table you specify the accounts to which the program will post transactions involving customers in each posting group. You can specify accounts for:
-
Receivables
-
Service charges
-
Payment discounts
-
Invoice rounding
-
Additional fees
-
Interest
You use this table to assign a code to each customer posting group. You can then enter the code in the Customer Posting Group field on each customer 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.
You can also assign general business posting groups to your customers. The business group code is then used in combination with a general product posting group code in the General Posting Setup table to specify the accounts to which certain transactions are posted.