Error: “The VAT Posting Setup does not exist. Identification fields and values: VAT Bus. Posting Group=’’, VAT Prod. Posting Group=’’”

Tags: NAV 2009,NAV 2009 R2,Financial Management,Payment Journal,Error

Reason:
This error message occurs if:
"Gen. Bus. Posting Group", "Gen. Prod. Posting Group", "VAT Bus. Posting Group", "VAT Prod. Posting Group", "Bal. Gen. Bus. Posting Group", "Bal. Gen. Prod. Posting Group", "Bal. VAT Bus. Posting Group" and "Bal. VAT Prod. Posting Group" fields are blank, but the "Gen. Posting Type"  and/or "Bal. Gen. Posting Type" field has a value.

The program considers that you want to post additional sales or purchases entries.So, NAV is looking for relevant VAT Posting Setup
SOLUTION: In order to avoid this error messages, you have to ensure the following fields in the journal lines are blank: "Gen. Bus. Posting Group", "Gen. Prod. Posting Group", "VAT Bus. Posting Group", "VAT Prod. Posting Group", "Bal. Gen. Bus. Posting Group", "Bal. Gen. Prod. Posting Group", "Bal. VAT Bus. Posting Group" and "Bal. VAT Prod. Posting Group", "Gen. Posting Type"  and "Bal. Gen. Posting Type"