Vendor Posting Group Setup

Vendor Posting Group In Navision

  • FINANCIAL MANAGEMENT –> SETUP –> POSTING GROUPS –> VENDOR
  • Fields in Vendor Posting Group
  1. Payable Account–> Payables due to vendors.
  2. Payable Account (Interim)
  3. Service Chage Acc.–> Service charges due to vendors.
  4. Payment Disc. Debit Acc.–> Reductions in payment discounts received from vendors.
  5. Payment Disc. Credit Acc.–> Payment discounts received from vendors.
  6. Debit Curr. Appln. Rndg. Acc.–> Rounding differences that occurs when applying entries in different currencies.
  7. Credit Curr. Appln. Rndg. Acc.–> Rounding differences that occurs when applying entries in different currencies.
  8. Debit Rounding Account–> Rounding diffrences from remaining amount.–> Remaining Amount is the amount remains to be applied and is shown in the original currency.
  9. Payment Tolerance Debit acc.–> Purchase tolerance–> Must use together with Business Posting Group
  10. Payment Tolereance Credit Acc.–> Purchase tolerance–> Must use together with Business Posting Group
  11. Interest Account–> Interest transaction

To Assign the Vendor Posting Group to Vendor:

  1. Open the Vendor Card (FINANCIAL MANAGEMENT –> PAYABLES –> VENDORS)and browse to the vendor on which you want to assign the Vendor Posting Group.
  2. Click on Invoicing tab.
  3. Select a Vendor Posting Group.

Leave a Reply

Your email address will not be published. Required fields are marked *

11 − seven =