The accounts payable subledger is also the supplier master in purchasing. In addition to suppliers, there are other accounts payable for the purchase of services that are not goods. Nevertheless, all vendors are managed in a uniform table. The integration of vendors to the general ledger (payables from LuL) is carried out via posting groups that can be freely defined.
The vendor posting group links vendors to payable, cash discount, invoice, and clearing rounding accounts, as well as interest and fee accounts. Assuming that business and product posting groups are used, this posting group is essentially used to store the corresponding G/L account for the payables.
