Comparing Posting Accounts and posting groups between Dynamics SL and Dynamics 365 Business Cent

Overview

The video starts with how default posting accounts are set up in Dynamics SL, where they help reduce errors and inconsistencies when posting transactions. It then explains that Business Central uses posting groups to tie customers, vendors and items to GL accounts.

It walks through business posting groups (who you buy from and sell to), product posting groups (what you buy and sell), and general posting setup, where the two are combined. It then shows the customer card assignments and the inventory posting group, and ends by previewing how posting and accounts flow.

Key points

• Business Central uses posting groups to tie customers, vendors and items to GL accounts.
• Business posting groups focus on who you buy from and sell to, such as regions, segments or industries.
• Product posting groups focus on what you buy and sell, such as product lines or use cases like manufacturing, retail or services.
• General posting setup combines business and product posting groups to define sales, cost of goods sold and other accounts.
• On the customer card, the general business posting group and the customer posting group are assigned; the customer posting group defines AR and discount accounts.
• The inventory posting group defines accounts based on item classification and location.
• Preview posting on a sales invoice shows the sources: the inventory account comes from the inventory posting group, sales and COGS from general posting setup, and AR from the customer posting group.

Features

Every feature below: status not stated, demoed.

AL objects mentioned

As heard in the captions. A name that matches one object page by exact type and name links to it; the others stay as named.

• other “AP setup” at 0:17
• other “AR setup” at 0:17

Quotes

• 0:00 “Setting up default posting accounts in SL helps simplify and reduce errors and inconsistencies when posting transactions.”
• 1:08 “Business Central uses posting groups to tie customers, vendors, and items to GL accounts.”
• 1:20 “Business posting groups focus on who you are buying and selling to. Product posting groups focus on what you are buying and selling.”
• 1:58 “General posting setup is where you will put these two concepts together, combining the who with the what.”
• 2:21 “On my customer card, I can see I have assigned the enterprise general business posting group and the customer posting domestic.”
• 2:55 “The inventory posting group is where you can define accounts based on item classification and location.”