Bal. Gen. Posting Type Field, Gen. Journal Line Table
Shows the general posting type associated with the balancing account that will be used when you post the entry on the journal line.
If you have placed a check mark in the Copy VAT Setup to Jnl. Lines field for this journal, the program automatically retrieves the general posting type from the general posting type field on the G/L account card when the Bal. Account No. field is filled in.
The program uses the general posting type associated with the balancing account, together with the Bal. VAT Bus. Posting Group and Bal. VAT Prod. Posting Group fields, to find the account to which the program posts VAT.
To see the general posting types that are available, choose the field.
The following table describes the options.
| Option | Description |
|---|---|
<Blank> |
Use this option if the transaction on this journal line does not involve VAT. |
Purchase |
Use this option if the entry on this journal line contains a purchase transaction. The program uses this information to calculate the correct purchase VAT and post it to the account for purchase VAT. |
Sale |
Use this option if the entry on this journal line contains a sales transaction. The program uses this information to calculate the correct sales VAT and post it to the account for sales VAT. |
Settlement |
The program uses this option internally. |
Important
The Bal. Gen. Posting Type field is associated with the Bal. Account No. field while the Gen. Posting Type field is associated with the 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 Microsoft Dynamics NAV will post VAT.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
| Table | Location |
|---|---|
| Gen. Journal Line Table | General Ledger |
| Posting No. Series Field, Gen. Journal Line Table | General Ledger |
| Posting No. Series Field, Gen. Journal Line Table | General Ledger |
| Posting No. Series Field, Gen. Journal Line Table | General Ledger |
| Gen. Journal Line Table | General Ledger |
| Posting No. Series Field, Gen. Journal Line Table | General Ledger |