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Explain what is an account assignment model & where is it used? What are the transaction codes for Account Assignment Model?

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Answer:

A template used for document creation in which default values are provided for the posting of a business transaction.

An account assignment model may contain any number of G/L line items, and can be changed or enhanced as needed. Unlike sample documents, account assignment models may contain incomplete G/L line items.

Transaction Code used - Fast Entry (F-02).

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