What is posting key and what does it control?




Answers were Sorted based on User's Feedback



What is posting key and what does it control?..

Answer / chandan

Posting key is Debit OR Credit,
It is control the line item.

Is This Answer Correct ?    67 Yes 4 No

What is posting key and what does it control?..

Answer / amresh

Posting keys tell the nature of the transaction .which sub
group it belongs. yes the posting keys also control the
line items.
By seeing the transaction code one can verify that this
transaction belongs to GL/AR/AP/AA/CO etc.

Is This Answer Correct ?    42 Yes 2 No

What is posting key and what does it control?..

Answer / geetha

A two-digit numerical key that determines the way line
items are posted.
This key determines several factors Like Account type
,Type of posting (debit or credit) ,Layout of entry
screens

Posting key controls document line item

Is This Answer Correct ?    36 Yes 2 No




What is posting key and what does it control?..

Answer / balaji

Posting key is the key which identifies nature of business
transactions i.e. Debit or Credit.

Control means in regards to posting key,which controls
document line items.

Thanks & Rgds
Balaji

Is This Answer Correct ?    13 Yes 2 No

What is posting key and what does it control?..

Answer / sapsec

Let us understand the business first. A user completes a
document and saves it. In the process the database tables
are updated. The system needs information as to which
tables are to be updated. Therefore each transaction is
truly and correctlt represented. when financial reports are
generated the information is appropriately shown. The
POSTING KEYS control this aspect of the document for a line
item. One key factor is whether a line item is a debit or a
credit? The numerical representation for categories like
debtors / kreditors / assets is a system router.

Is This Answer Correct ?    7 Yes 1 No

What is posting key and what does it control?..

Answer / amulya

POSTING KEY DETAILS

DEBTORS DEBIT- 1-9 CR- 11-19
CREDITORS DEBIT- 21-29 CR- 31-39
GL DEBIT- 40 CR- 50
FA DEBIT- 75 CR- 75

Posting Key made as per basic Rule that is

All Left side Key is Dr. and All Right Side side is Cr. as
per GL/SL Account Nature.

Is This Answer Correct ?    11 Yes 6 No

What is posting key and what does it control?..

Answer / dinesh lakhotiya

Posting key describes the line item of debit or credit and
controls the same while passing the entry in the system.
e.g
Particulars Dr. Cr.
GL account 40 50
Customer inv. 40 31
Vendor inv. 01 50
Asset pur. 70 75

Is This Answer Correct ?    24 Yes 21 No

What is posting key and what does it control?..

Answer / sarita pandey

Posting keys in SAP R3 FI work at the line item level. Posting keys serve three main functions in SAP accounting

- Posting keys control as to which type of account the line item in the document will be posted to.
- Secondly, posting keys control whether the line item will be posted as a debit or a credit.
- Laslty, posting keys help in determining field statuses for additional details.


posting key values depend upon the area in SAP FI.

General Ledger Transactions - "Debit" is posting key 40 and "Credit" is posting key 50.
Customer Invoices - "Debit" is posting key 01 and "Credit" is posting key 50.
Vendor Invoices - "Debit" is posting key 40 and "Credit" is posting key 31.

Is This Answer Correct ?    7 Yes 4 No

What is posting key and what does it control?..

Answer / viswanadh

Posting keys are mainly specifies for DEBIT and CREDIT. It control's line items. It's client level.It is applicable for more than one company code. This t.code OB41. It is 2 digit number.If u want to create we can create. But SAP given facility up to 99 posting key.

Is This Answer Correct ?    3 Yes 0 No

What is posting key and what does it control?..

Answer / purushothaman kannan

POSTING KEY DECIDE THE ACCOUNTING ENTRIES DEBIT AND CREDIT
PART AND ALSO IT DECCIDES VENDOR CREDIT/DEBIT , CUSTOMER
CREDIT/DEBIT FIXED ASSET DEBIT/CREDIT OR GL CREDIT/DEBIT

POSTING KEY DETAILS

DEBTORS POSTING KEY (DEBIT) 1-9 (CREDIT) 11-19
CREDITORS POSTING KEY (DEBIT) 21-29 (CREDIT) 31-39
GL POSTING KEY (DEBIT) 40 (CREDIT) 50
AA POSTING KEY (DEBIT) 75 (CREDIT) 75

Is This Answer Correct ?    11 Yes 10 No

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