As you can see from the following screenshot, Item groups is the product classification for inventory items, and it is the integration point between the inventory and financial modules. The classification of Item groups should be a joint effort between the stock manager and the controller. To access Item groups, go to Inventory management | Setup | Inventory | Item groups:
The inventory posting profile consists of the following possible inventory transactions:
- Sales order: This is a sales and marketing module transaction
- Purchase order: This is a procurement and sourcing module transaction
- Inventory: This is an inventory and warehousing management module transaction
- Production: This is a production management module transaction
The posting profiles are the integration point between the subledgers and the general ledger. It is a set of ledger accounts that are used to generate the automatic ledger entry in which a transaction occurs. It is possible to select different ledger accounts for each type of subledger transaction. Microsoft Dynamics 365 for Finance and Operations offers flexibility in the setup of posting profiles. The posting can be on four different levels, as shown in the following figure:
The posting domination levels are All, Group, Category, and Table. The preceding diagram can be explained as follows:
- Group B dominates over All
- Category dominates over Group B and All
- Table dominates over Category, Group, and All
If the posting profile is for All and there are some groups that have been identified for a specific main account, then these will be excluded from the All setup. At the same time, if there is a category relation selected for a specific main account, then these categories will be excluded from the All and Group posting profiles. If there is a table relation selected for a specific main account, it will apply the Table posting profile. To access the inventory posting profile, go to Inventory management | Setup | Posting | Posting.
The following screenshot illustrates an example of all of these posting domination levels:
