This transaction is related to the posting framework functionality. Learn more: Posting Framework
(S4)PACG 200 SP12
Failed scenarios can be filtered at the screen selection level by checking option ‘Show only failed scenarios’. When the report is executed, only the entries with the last message type "Error" that were not successfully processed for each selected Posting Framework scenario will be displayed:
Another option is to use the "Show only failed scenarios" button, this filter is located on the top toolbar after the report is executed. The button is active only if the user has not previously selected the "Show only failed scenarios" checkbox: