what are the most important control functions of posting keys?
Answer Posted / dinesh lakhotiya
Postin key controls whether the line is debit or credit and
it will be used to post line items in a particular document.
e.g.
GL accounts : 40 for debit and 50 for credit
Vendor Invoice : 40 for debit and 31 for credit etc
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
How Business Process are in sap
What is a cost center category? : co- cost center accounting
What are the important organizational elements of co? : co- general controlling
Is it possible to default certain values for particular fields?
What is the indirect allocation method of postings in co? : co- cost center accounting
Define the relationship between controlling area and company code?
Explain segments and cycles? : co- cost center accounting
What is the difference between distribution and assessment?
What is Lock box in sap fico?
can we create house for multiple company codes?is it possible to pay cross company code payments? if why please give me answer. thanks for advance
How to estimate the Cost step by step ?
please any body tell me ,the real time responsibilities of sap fico consultant and what r the tools used by him in his real time time job. i want the entire real time job scenario
What is variance analysis in co-om-cca? : co- cost center accounting
Explain what is posting key and what does it control?
I know that in version ECC6 exists the functionality of document splitting like this: If an Invoice is for 11,000/-.Then we write the GL as : vendor A/C Dr XXXX to Purchase 1 XXX to Purchase 2 XXX to Tax XX But through Document Splitting we can write it based on the %age of sharing as 80 : 20%.. Vendor A/c 8,800(DR) Purchase A/C 8,000(Cr) Tax 800 (Cr) Vendor A/C 2,200 (Dr) Purchase 2000(Cr) Tax 200(Cr) This is called Document Splitting But when you talk about tax, you mean a line item created manually like tax or a document where you complete the tax code and the line is created automatically? Thanks a lot in advance. REgards,Lorena