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- Question 61
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Question 61/62
What does the journal entry type control?
Correct Answer: B
Explanation
The journal entry type controls the types of accounts allowed to be posted to. For example, journal entry type AA allows posting to asset accounts, journal entry type SA allows posting to G/L accounts, and journal entry type AB allows posting to both asset and G/L accounts. The journal entry type does not control the ledgers updated, the transaction currency types allowed, or whether a posting posts a debit or credit value. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398
The journal entry type controls the types of accounts allowed to be posted to. For example, journal entry type AA allows posting to asset accounts, journal entry type SA allows posting to G/L accounts, and journal entry type AB allows posting to both asset and G/L accounts. The journal entry type does not control the ledgers updated, the transaction currency types allowed, or whether a posting posts a debit or credit value. References:
https://help.sap.com/viewer/65de2977205c403bbc107264b8eccf4b/Cloud/en-US/f7a9d7c86f4740a09ed5d3c398
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