What is posting record type in SAP FS-BA-PM-SFA - Smart Accounting for Financial Instruments?

SAP Term: posting record type

• Component: FS-BA-PM-SFA

• Component Name: Smart Accounting for Financial Instruments

• Description: A combination of two subledger accounts position account and offset account without a specified posting direction. The posting direction is determined by the two posting records that are created for each posting record type. Posting record types are predefined in the system, and additional posting record types can be added. &EXAMPLE&: Posting record type 10001 combines the following subledger accounts: Receivables/Payables Not Due Receivables Due: Repayment

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• Key Concepts: 
  Posting record type is a feature of the SAP FS-BA-PM-SFA Smart Accounting for Financial Instruments component. It is used to define the characteristics of a posting record, such as the account type, account number, and posting key. It also determines the type of posting that can be made to an account. 
  
  How to use it: 
  To use the posting record type feature, you must first define the characteristics of the posting record in the system. This includes specifying the account type, account number, and posting key. Once these have been defined, you can then create a posting record for each account. This will allow you to make postings to that account according to the characteristics specified in the posting record type. 
  
  Tips & Tricks: 
  When creating a posting record type, it is important to ensure that all of the necessary information is included. This includes specifying the account type, account number, and posting key. Additionally, it is important to ensure that all of the necessary fields are filled out correctly in order to ensure that postings can be made correctly. 
  
  Related Information: 
  For more information on how to use the posting record type feature in SAP FS-BA-PM-SFA Smart Accounting for Financial Instruments, please refer to SAP’s documentation on this topic. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.