I am a little confused regarding field status variant used in financials. Please Verify Following points. i shall be really thankful.
1) We Control Filed status of G/L Master data creation through Account Group. this means that through account group we specify which fields in G/L MASTER data creation will be required,optional,hidden etc.
2) For vendor and customer Master data creation fields status is controlled by Vendor Customer Account Group.
But for financial posting we control the status of fields in a posting procedure through posting keys.
Am I understanding it right? if i am wrong please correct me with example.