What is posting key and what does it control?
Answers were Sorted based on User's Feedback
Answer / 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.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manoj kumar
Posting is Dr and Cr and it's control the line items.
| Is This Answer Correct ? | 0 Yes | 0 No |
A two digit code in sap that determines the type of transaction (DEBIT/CREDIT) during posting.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the use of splitting in 6.0?
What is deffrent Between Company Act and Income Tax Act depriciayion
How many normal and special peroids can be there in a fiscal year?
What is new GL? What are the steps for configuring New GL? How is it different from its older counterpart? What are the advantages of having new GL?
What is posting period variants?
What is direct and in-direct posting? : cost center accounting
What is the purpose of payment methods and when are they stored?
How to understand FICO tables so as to prepare Functional spec that ABAPer can work with? Please explain the data pulling logic? and how to map the tables after configuration
What is Planning in G/L?
If you want to learn Free Sap FI Course online join "SAP Fi Free online Course group" on FB
Which is the documentation or link need to refer for the FI implementation experience?
What is the SOP Planning?
SAP Basis (1262)
SAP ABAP (3939)
SAPScript (236)
SAP SD (Sales & Distribution) (2717)
SAP MM (Material Management) (912)
SAP QM (Quality Management) (99)
SAP PP (Production Planning) (523)
SAP PM (Plant Maintenance) (252)
SAP PS (Project Systems) (138)
SAP FI-CO (Financial Accounting & Controlling) (2766)
SAP HR (Human Resource Management) (1180)
SAP CRM (Customer Relationship Management) (432)
SAP SRM (Supplier Relationship Management) (132)
SAP APO (Advanced Planner Optimizer) (92)
SAP BW (Business Warehouse) (896)
SAP Business Workflow (72)
SAP Security (597)
SAP Interfaces (74)
SAP Netweaver (282)
SAP ALE IDocs (163)
SAP Business One (110)
SAP BO BOBJ (Business Objects) (388)
SAP CPS (Central Process Scheduling) (14)
SAP GTS (Global Trade Services) (21)
SAP Hybris (132)
SAP HANA (700)
SAP PI (Process Integration) (113)
SAP PO (Process Orchestration) (25)
SAP BI (Business Intelligence) (174)
SAP BPC (Business Planning and Consolidation) (38)
SAP BODS (Business Objects Data Services) (49)
SAP BODI (Business Objects Data Integrator) (26)
SAP Ariba (9)
SAP Fiori (45)
SAP EWM (Extended Warehouse Management) (58)
Sap R/3 (150)
SAP FSCM Financial Supply Chain Management (101)
SAP WM (Warehouse Management) (31)
SAP GRC (Governance Risk and Compliance) (64)
SAP MDM (Master Data Management) (0)
SAP MRS (Multi Resource Scheduling) (0)
SAP ESS MSS (Employee Manager Self Service) (13)
SAP CS (Customer Service) (0)
SAP TRM (Treasury and Risk Management) (0)
SAP Web Dynpro ABAP (198)
SAP IBP (Integrated Business Planning) (0)
SAP OO-ABAP (Object Oriented ABAP) (70)
SAP S/4 HANA Finance (Simple Finance) (143)
SAP FS-CD (Collections and Disbursements) (0)
SAP PLM (Product Lifecycle Management) (0)
SAP SuccessFactors (33)
SAP Vistex (0)
SAP ISR (IS Retail) (28)
SAP IdM (Identity Management) (0)
SAP IM (Investment Management) (0)
SAP UI5 (59)
SAP SCM (Supply Chain Management) (51)
SAP XI (Exchange Infrastructure) (49)
SAP Cloud Platform (34)
SAP Testing (89)
SAP SolMan (Solution Manager) (63)
SAP MaxDB (116)
SAP GUI (15)
SAP APO PPDS (50)
SAP AllOther (329)