Enter a unique code of up to 8 characters for the posting template.

We recommend that you choose a meaningful code, one that will be understandable to users when they need to choose a posting template in a journal entry.

Applies the Automatic Tax functionality on transactions you create through the Posting Templates window. This option is selected by default if the option Use Automatic Tax in  Administration System Initialization Document Settings Per Document tab Journal Entry is selected.

This checkbox is enabled only if the Automatic Tax checkbox is selected.

If you select this checkbox:

You can specify the control account for this posting template after selecting a business partner.

Specify the account code or business partner code to be associated with a journal entry created with this template. The account name or business partner name appears automatically in the G/L Account/BP Name field.

If there is no constant account or business partner associated with a specific row, or even the entire template, but you still want to create a template for the percentage distribution, leave these fields blank.

Enter the appropriate percentages used to separate the amounts in the journal entry for which you are defining the template.

As in a regular journal entry, the debit and credit sides must be balanced in a posting template; otherwise, SAP Business One does not allow you to add it.

Specify the tax group to which the line refers.

The drop-down list displays all the tax groups to which the account is linked. Selecting one automatically inserts the account in the line.

If the Automatic VAT option is selected, the default tax group, if defined for the G/L account, is displayed automatically.

If the option Permit Other VAT Group is selected for the G/L account, you may select another VAT group.

Specify the distribution rule for each row in the template. When a journal entry based on this posting template is created, the relevant amounts are posted to the respective cost centers.

Specify the project that you want to relate to the account. If you defined the project for the account in the Chart of Accounts window, the field displays the project code by default.

Indicates the percentages entered in the Debit and Credit columns of the posting template.

Indicates what percentages you need to enter in the Debit / Credit column to balance this posting.