Code Field, FA Posting Group Table
Specifies a fixed asset posting group code. You can enter a maximum of 10 characters, both numbers and letters.
For each posting group, you set up a code and various account numbers. Then you enter the code in the FA Posting Groups field in the FA Depreciation Book window that is linked to the individual fixed asset card.
In the following situations, the program will then use the information represented by the code to post to the accounts you specified:
Posting of purchase orders, invoices or credit memos
Posting of fixed asset transactions using journals
Posting journals with the help of the Calculate Depreciation batch job
Posting journals with the help of the Index Fixed Assets
Posting groups also let you group fixed assets for statistical purposes.
Use codes that are easy to remember and descriptive, such as:
Car, Machinery, Building or Computer
The code must be unique—you cannot have the same code twice in one table. You can set up as many posting groups as you like.
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 |
|---|---|
| FA Posting Group Table | Fixed Assets |
| FA Posting Group Table | Fixed Assets |