MB-310 · Question #440
You are implementing cost management for a company. The company requires inventory posting profiles to control the posting of inventory subledger transactions to the general ledger separately for…
The correct answer is C. Assign posting profiles based on item groups and transaction types. D. Configure posting profiles to use different ledger accounts for physical and financial updates. Inventory posting profiles are configured per legal entity and use item groups (and other posting settings) together with transaction types to control how inventory subledger transactions post to the general ledger. Using different ledger accounts for physical updates…
Question
Options
- AConfigure inventory posting profiles individually for each vendor.
- BAssign posting profiles at the global level.
- CAssign posting profiles based on item groups and transaction types.
- DConfigure posting profiles to use different ledger accounts for physical and financial updates.
How the community answered
(37 responses)- A14% (5)
- B19% (7)
- C68% (25)
Explanation
Inventory posting profiles are configured per legal entity and use item groups (and other posting settings) together with transaction types to control how inventory subledger transactions post to the general ledger. Using different ledger accounts for physical updates (receiving) versus financial updates (invoicing) is exactly how posting profiles separate receiving and invoicing impacts in the general
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