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Inventory Posting Groups determines grouping of Items in Inventory Accounts
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The General Posting Setup determines posting of Revenue and Costs in the Income Statement
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The Posting Groups used on Items
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The Posting Groups used on Vendors
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The Posting Groups used on Resources
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The Posting Groups used on Item Charges
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The Posting Groups used directly on G/L Accounts
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Walkthrough of fields relevant for Inventory in the General Posting Setup
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