What is posting key and what does it control?
Answer Posted / 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 |
Post New Answer View All Answers
What variances do you come across in invoice verification? : fi- accounts payable
Why does the system not calculate variance for the 500 kgs which has been delivered?
what is payment medium program ? how to config advance payment in app ? payment suplymentary in app?
How do you define credit control area in fi?
What is the impact on the old balance when the reconciliation account in the vendor master is changed?
What is the purpose of payment methods and when are they stored?
What do you mean by chart of accounts? What are its important elements?
How to calculate WIP in "product cost by sales order scenario", where multiple production orders are raised against one sales order?
What type of steps comes from Product Costing to CO-PA ?
when transport save objects, where do they get transported?
What are the basic steps to using the fi module?
Explain the use of financial general ledger accounting (fi-gl)?
What is the use of account group of the vendor/customer master records? : cost center accounting
what is the journal entry for bank guarantee? And under which account group(asset or liabilities)it will come and T CODE for posting bank guarantee ? pls elaborate ........
How do you maintain the number range in production environment? Do you directly create it in the production box or do you do it by means of transport?