Explain what is posting key and what does it control ?
Correct Answer
In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as 'Posting Key' Posting key determines: a) Account Types b) Types of posting Debit or Credit c) Field status of transaction
3. What tasks, contents, and importance does the Data Dictionary have in the R/3 system A. It is needed for developing R/3 software B. It is needed to run R/3 applications C. It contains, among other things, the R/3 Data Model attributes D. It contains, among other things, the rules for checking entered data
4. Which of the following times are taken into account for determining the material availability date? A. Replenishment lead time B. Billing time C. Transportation time D. Pick Pack time
5. Which screen area(s) in the transaction for goods movements MIGO cannot be closed? A. Item overview B. Header data C. Overview tree D. Detail data for item
8. An asset under construction requires a separate asset class with their own account determination since depreciation has to be shown separately on the balances sheet.