Learn how to accurately track sales and purchases in Microsoft Dynamics 365 Business Central by configuring General Product Posting Groups, Inventory Posting Groups, and General Posting Setups. Improve your financial tracking with this step-by-step guide!
Table of Contents
Question
Your company has recently started selling new types of products and resources.
You need to configure the posting groups to accurately track sales by product (items and resources) and purchases by items.
What should you do? Each correct answer presents part of the solution. Choose 3.
A. General Product Posting Groups
B. Customer Posting Groups
C. General Business Posting Groups
D. Bank Account Posting Groups
E. Inventory Posting Groups
F. General Posting Setups
Answer
A. General Product Posting Groups
E. Inventory Posting Groups
F. General Posting Setups
Explanation
The General Product Posting Groups are used to specify what you sell, and what you buy. Inventory Posting Groups define inventory posting groups that you then assign to the relevant item accounts. General Posting Setups combine business and product posting groups and choose the accounts to post to. The other options are incorrect because they serve different purposes.
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