Specifies the GST product posting group codes for items or resources for GST purposes. These codes distinguish between the types of items or resources that are sold or purchased and whether they are subject to or exempt from GST.
On each item and resource card, you must enter the GST product group code that represents the group to which the item or resource belongs. Enter the code in the GST Prod. Posting Group field.
In addition to setting up the necessary product posting group codes, you must also set up the necessary GST business posting group codes in the GST Business Posting Group window. Then you must combine the different GST product posting group codes and GST business posting group codes in the GST Posting Setup window.