Specifies the general business posting group codes for customers and vendors for posting purposes.
The business groups can be set up to group customers by geographical area (Domestic, EU countries/regions, Overseas, and so on) or type of business, or to distinguish between private entities and governmental agencies.
On each customer and vendor card, you must enter the business code that represents the group to which the customer or vendor belongs. Enter the code in the Gen. Bus. Posting Group field.
In addition to setting up the necessary business group codes, you must also set up the necessary product group codes in the Gen. Product Posting Group window. Then you must combine the different business group codes and product group codes in the General Posting Setup window. For each combination, you must specify the information and relevant accounts that you want the program to use.