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 |
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