RetailPosting setupReference

Posting setup (reference guide)

The POS Posting Setup defines how the receipts for cash and other payment methods are posted in the General Ledger or Sub-Ledgers in the system. Refer to this article to learn what each field is used for.

posting1

Article NameDescription
POS Store CodeThe POS store code should be provided if you wish to set a specific posting logic for the store.
POS Payment Method CodeThe posting logic of a POS Payment Method.
POS Payment Bin CodeThe posting logic of a specific POS Payment Bin Code.
Account TypeThe type of account which is going to be affected when the receipt is posted. Apart from the General Ledger, you can also use a Customer Ledger or a Bank Ledger at this level. In brief, posting will be done at sub-ledger level if you choose to do so.
Account No.Determines which account number from the Chart of Account, customer number from the Customer Card or bank number from the Bank is being debited when a particular POS Payment Method is received.
Difference Account TypeDetermines what type of account is going to be affected on posting any difference between a theoretical POS Unit amount and physical cash amount when doing receipt balancing. Apart from the General Ledger, you can also set a Customer Ledger or a Bank Ledger at this level. In brief, posting will be done at sub-ledger level if you choose to do so.
Close to POS Bin No.This field is not used for the example store.
Difference Acc. No.Determines which account is going to be affected with a negative cash difference.
Difference Acc. No. (Neg)Determines which account is going to be affected with a positive cash difference.

Note: Most companies use the same account for positive & negative differences.