What is posting object in SAP PSM-FM - Funds Management?

SAP Term: posting object

• Component: PSM-FM

• Component Name: Funds Management

• Description: The posting object is an element of the budget structure. It is the fund, funds center, and commitment item combination to which postings can be made.

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• Key Concepts: 
  Posting objects are used in Funds Management (FM) to define the characteristics of a posting. They are used to determine the account assignment of a posting and the rules for posting. Posting objects are used to define the account assignment of a posting, the rules for posting, and the authorization checks that must be performed. 
  
  How to use it: 
  Posting objects are used in Funds Management (FM) to define the characteristics of a posting. They are used to determine the account assignment of a posting and the rules for posting. Posting objects can be created in the Funds Management module and assigned to a particular account assignment category. The account assignment category determines which accounts will be used for postings made with that posting object. 
  
  Tips & Tricks: 
  When creating a posting object, it is important to ensure that all necessary authorization checks are performed. This will ensure that only authorized users can make postings with that object. Additionally, it is important to ensure that all necessary account assignments are specified in the posting object so that postings made with it will be correctly assigned to the appropriate accounts. 
  
  Related Information: 
  For more information on how to create and manage posting objects in Funds Management, please refer to SAP Help documentation or contact your local SAP support team.