There are three posting layers for transactions.

• Currentis the default layer, which is used for transactions that are a part of the periodic financial reporting.

• Operationsis used for other transactions that are a part of the periodic financial reporting for internal purposes.

• Taxis used for transactions that are not a part of the external or internal reporting, but for recording special tax transactions, such as tax depreciation for fixed assets.

Only one transaction type can be posted in a journal. To create at least one journal name for each posting layer that you use, select an option in the Posting layerfield on the Generaltab in the Journal namesform.

In the Fixed assets, the posting layer is displayed for each value model attached to the fixed asset. The posting layer cannot be changed.

Fixed asset transactions can be recorded in journals only for value models that use the same posting layer as defined for the journal name. For example, if the journal name is for the Taxposting layer, value models for the Currentor Operationsposting layers are not visible for the journal because they cannot be posted in this journal.