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Former Member
Apr 20, 2011 at 07:03 AM

Difference between Posting Type 4 and 7 in EBS

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Hi,

A basic question in EBS. While configuring EBS Posting Rule I find the Posting Type 4 and 7. I want to know what is the difference between them.

My Senerio is that I want to upload the EBS for Outgoing Payment and also want to Clear the GL account. The Process is first the Invoice is raised to the Vendor and then F110 is used to pay the vendor and then EBS is run to clear the Bank Clearing Account and update the Main Bank Balance.

Regards,

Nikhil