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What is posting key and what does it control?
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Answer Posted / prakash
A posting key in SAP is a 2-digit alphanumeric key that controls the entry of line items.SAP comes with many posting keys for meeting the different business transaction requirements:40(GL debit)50(GL credit)01(Customer invoice)11(Customer credit memo)21(Vendor credit memo)31(Vendor payment)etc.
The posting key determines:-
1.What account can be posted to
2.Which side of the account(debit or credit)to be posted to,and
3.What 'layout'screen needs to be used for that particular transctio
TRANSACTION CODE-OB41
It is a normal pratice not to chaned any of the default posting keys in the system as you would very rarely require additional postong key.
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