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What do you define when you create a new document type?Note: There are 2 correct answers to this question.

1) Number range for the document type
2) Posting keys for the document type
3) Reasons for reversal
4) Account types allowed for posting

User Niina
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Final answer:

When creating a new document type, you can define the number range for the document type and the account types allowed for posting.

Step-by-step explanation:

When creating a new document type, there are several elements that can be defined. Two correct answers to this question are:

  1. Number range for the document type: This refers to the range of numbers that can be assigned to documents of this type. For example, invoice numbers or purchase order numbers can be defined within a specific range for easier organization and tracking.
  2. Account types allowed for posting: This determines the types of accounts that can be used when posting transactions with this document type. For instance, a specific document type may only allow posting to revenue accounts or asset accounts, depending on the nature of the transaction.

User Mrchad
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