Vendor Posting Group defines the G/L account for accounts payable when posting purchase transactions.  Follow the steps below for setup the Vendor Posting Group.

Step by step guide for create new vendor posting group

  1. Search & Go to "Vendor Posting Groups" page
  2. Click New then enter Code & Description
  3. Map the account: E.g. For Payables Account column, select the AP account from G/L Account list.
  4. Go to Vendor card then select the appropriate Vendor Posting Group for the Vendor

*According the set up above, system will book the AP account when positing in Purchase Document such as Purchase Order or Purchase Invoice