After creating your G/L accounts, assign them to automatic postings, also known as autopostings. Automatic postings are functions within the system that must have a general ledger account to which to post amounts. For example, the system must know:
Which account is the income account to post freight out charges to (COGS - Outgoing Freight).
Which account is the inventory account to reduce by cost of goods sold (Default COGS).
Which accounts to debit for a cash discount (Discount Given).
There is also an autoposting item listed for each combination of sales sources and product types. The number of autopostings is determined by the number of sales sources and product types. For more information about sales sources and product types, see Defining a Chart of Accounts. For a list of all the standard autoposting items, see Standard G/L Postings.
To view postings from a transaction, such as a purchase order, sales order, or transfer order, press Alt ~ from the transaction's window. The G/L Postings Viewing window displays the account and the amount to which the transaction posted.
To assign a G/L account to an autoposting item:
From the G/L > G/L Maintenance menu, select Automatic Posting to display the Automatic Postings window.
In the G/L account column, select the G/L account for each corresponding autoposting item in the Autoposting Item column.
Click OK to save your changes and exit the window.