Shows the code of the VAT product posting group that will be used when you post the entry on the journal line.

To see the VAT product posting groups that are available, choose the field.

If you have placed a check mark in the Copy VAT Setup to Jnl. Lines field for this journal, the program uses the VAT product posting group code, together with the VAT Bus. Posting Group and Gen. Posting Type fields, to determine the contents of the VAT % field and to find the G/L accounts to which the program posts VAT.

Important
The Gen. Posting Type field is associated with the Account No. field while the Bal. Gen. Posting Type field is associated with the Bal. Account No. field. You should use only one of these posting type fields, either associated with the Account No. or Bal. Account No. field, as they determine how the program will post VAT.

Tip

See Also