What is posting key and what does it control?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

We have two diffferent bank accounts in our System that is icici bank & citi bank but the vendor wants us to pay him 100000 from two different accounts that is from axis bank and union bank so how we should configure in our sap system so that we can pay to vendor through App.

1076


Hi Could you please share the process of migration of Classical GL Balances to New GL Balances. What are the actions / precautions we need to take at the time of New GL Migration time.

1631


How to make control on vendor master data (bank account ) . We can validate the changes with transactions FK08 & FK09 in functional menu , but I need the path on Spro guide to customize the changes (bank accounts )

2036


Explain the entire process of invoice verification from gr to invoice verification in sap with accounting entries?

667


Explain co automatic account assignment? : co- cost center accounting

539






Explain an account group. What does it control?

618


Why do you need country chart of accounts?

582


What items are required in a financial statement version? : fi- general ledger master data

557


What are the different types of data in sap system? : cost center accounting

619


What is allocation price variance? : co- cost center accounting

583


What is difference between investment order, internal order and accrual orders? : cost center accounting

549


What is the new fi-gl in fi in ecc? : fi- general ledger

585


What is the account assignment category? : fi- accounts payable

605


How do you create gl account master data? : fi- general ledger

610


Difference between depreciation ,accumulated depreciation and apc?

624