The creation of Ledger Posting Rule is as follows:
Navigation: Menu > Ledger Posting Rules App > Listview > Create (+)
The fields which are in red star mark are mandatory
Create Ledger Posting Rule
Field name | Description | Mandatory |
Rule Name | Enter the name of the Posting rule | Yes |
Series | The system by default takes series as Ledger Posting Rules | Yes |
Applied For | User can select the Module name for which the Posting rule is to be applied from the list | Yes |
Tax Groups | Select tax codes or tax rates from the drop-down list to assign the posting rule. User can add multiple tax rates or tax codes | Yes |
Ledger A/C | Select the Ledger account name from the list used to record financial transactions to apply the posting rule | Yes |
LoB | Select the line of business for which the Posting rule is to be applied for all the transactions concerning the tag assigned. User can add multiple LoB tags from the list | Yes |
Companies | Select the company name for which the Posting rule to be applied for all the transactions. User can add multiple companies from the list to apply the posting rule | No |
Branches | Select the branch name for which the Posting rule to be applied for all the transactions created in that branch. User can add multiple branches from the list to apply the posting rule | No |
Description | User can comment or enter short notes about the Posting Rule | No |
Apply all the details and click on Save.