The Posting profile represents the integration point between the general ledger and subledger, and it generates financial entries automatically, according to the posting profile's setup. Accounts payable posting profiles are assigned to the module parameters; navigate to Accounts payable | Setup | Accounts payable parameters | Ledger and sales tax, and go through the following process:
- In the Posting fast tab, assign the posting profile for general accounts payable transactions; in other words, this represents the accounts payable account
- In the Payment fast tab, assign the posting profile for advance payment transactions; in other words, this represents the advances from the vendor account
- In the Prepayment invoice ...
