This post is part of the In Microsoft Dynamics 365 Business Central (Financial), how do I… series and of the wider In Microsoft Dynamics 365 Business Central, how do I… series which I am posting as I familiarise myself with Microsoft Dynamics 365 Business Central.
You can access the general product posting groups on a filtered basis by opening the page from either the General Business Posting Groups or General Product Posting Groups windows or, as I am in this post, seeing an unfiltered list of all of them by searching for and opening General Posting Setup:
After entering the key pair of Gen. Bus. Posting Group and Gen. Prod. Posting Group you can enter a Description and then enter all of the accounts which should default.
At the simplest level, only the Sales, Purchase and COGS accounts are required, but you would be better served entering the G/L accounts for the other transaction types you process or for discounts if you use them. As you go across the page you will have accounts to set for sales, purchasing and then inventory.
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