Posting types in Microsoft Dynamics AX
In Microsoft Dynamics AX, there are two ways to post transactions to the main account. The first type is through the posting profile, which represents the integration point between the general ledger and subledger, and generates the financial entries automatically according to the posting profile's setup. The second type is the journal entries, which post directly to the ledger accounts.
The posting profile concept
Posting profiles are the point of integration between the subledger (fixed assets, accounts payable, inventory, banks, accounts receivable, project, and production) and the general ledger. The posting profile is a set of main accounts that are used to generate the automatic ledger entry in which a transaction has occurred. It is possible to select different main accounts for each type of subledger transactions. Microsoft Dynamics AX offers flexibility in setting up posting profiles. Posting could be on three different levels:
All: Any transaction...
