How to: Set Up Automatic Account Posting Groups

To use automatic account codes, you must create an automatic account posting group.

To set up automatic account posting groups

1. In the Search box, enter Auto. Acc. Groups, and then choose the related link.

2. On the Actions tab, choose New.

3. On the General FastTab, fill in the fields as described in the following table.

   Field	Description
   No.	Enter a unique alphanumeric number for the automatic account posting group.
   Description	Enter a description for the automatic account posting group.

4. On the Automatic Acc. Line FastTab, fill in the fields as described in the following table.

   Field	Description
   Allocation %	Enter the percentage of the source line amount that is to be allocated.
   G/L Account No.	Enter the general ledger account number to which the allocation should be posted.

   Note

   The Total Balance field totals the Allocation % field for automatic account lines in a posting group. If the total allocation percent for a posting group does not balance to zero, an error message will be displayed when the item is posted.

5. Click OK.

See Also

Reference

Allocation %
G/L Account No.
Total Balance

Concepts

Automatic Account Codes

Other Resources

Accrual Accounting
How to: Set Up Accrual Accounting
About Posting Groups
How to: Fill In and Post General Journals
How to: Set Up Dimensions and Dimension Values