Chart of Account setup

In Chart of Account form there are General Ledger Posting Type column, General Business Posting Group column and General Product Posting Group column. If we sell items that always using Sales Order ( without using journal ) and it’s also doing in purchase items ( purchase process ). The question is, should I set some posting group in that column ( in the chart of account form ) ? If I do not set any posting group in that colomn ( I leave blank for all colomn of posting group in the chart of account form ), so what will be happened with the transaction ? Would it be posted to the account in that chart of account ? Thanks for the help Best Regards,

Hi The General Business Posting Group column and General Product Posting Group in the chart of accounts is required for handling direct postings to the accounts using journals, if you are using sales and purchase order processing the general ledger accounts will be defined by the relevant posting groups associated with the Customer and Vendor, so in short, if you are never going to use a journal for posting anything to any acount you do not have to populate the posting fields on the chart of accounts as this will be handled by the other relevant posting groups. Cheers Steve