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Former Member

posting keys

hi to all

posting keys has given morethan 1 for other than g/l accounts. why they have given like that? please explain with examples.

thank u

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4 Answers

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    Former Member
    May 22, 2008 at 11:13 AM

    For Customers And Vendors the posting keys are 01 to 09 & 21 to 29 on the debit side 11 to 19 and 31 to 39 fir credits.

    Relate here the account types here. we have in SAP 4 account type which are A,D,K,M,S.

    Baiscally all are GL acounts only but for feature wise they are different. So by continuing the above example by using diffrent posting keys in the cases of Customers and Vendors, you have the flexibilty of identifying the transaction in a detailed way. Lets say you want the credits in customer account where you have used a credit memo on account of discount. How are you going to give the report. Use these posting keys and setup a process where in whenever a user gives a credit memo by using a selected posting key which was set by you, you can always give the report needed by the user.

    In the case of GL accounts of type "S" the posting keys are only 40 and 50 and there is no special scnarios that evolve out of this.

    Same way if you know what are the posting keys the system is using for Goods moments, you will be in a better position to take the report wihout depending on any other modules.

    This is not exhaustive and is a simple example to understand.

    Hope you under stood the importance of posting keys now.

    Reward points if useful.

    sarma

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    Former Member
    May 22, 2008 at 11:31 AM

    Dear,

    Posting key control the line item in a document sreen.

    and also it control the A) A/c Type (A-assets, D-customer,

    K-vendor and S-GL), B) Transaction Type and

    C) Nature of Transactions (debit/credit). Go to tcode OB41 you are able to understand.

    every PK have field status group that controls the document line item.

    For Example:

    PK 70 for Debit asset (because debit assets you can say it may be aquisition there differrent field have to maintain)

    PK 31 credit vendor for invoice

    PK 15 credit customer for payment

    PK 40 debit GL

    every posting key has differrent purpose.

    A FICO consultant can identify the document from posting key itself

    Customer (01 to 19)

    Vendor (21-39)

    GL (40&50)

    Asset (70&75)

    Assign points if you find worthfull........thanks in advance.

    regards,

    Madhuri

    Edited by: madhuri panda on May 22, 2008 1:32 PM

    Edited by: madhuri panda on May 22, 2008 1:33 PM

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    Former Member
    May 22, 2008 at 12:00 PM

    hi For SAP FI Financial consultants, it is very important to understand the concept of posting keys. Posting keys in SAP R3 FI work at the line item level. Posting keys serve three main functions in SAP accounting

    - Posting keys control as to which type of account the line item in the document will be posted to.

    - Secondly, posting keys control whether the line item will be posted as a debit or a credit.

    - Laslty, posting keys help in determining field statuses for additional details.

    One important thing to remember is that posting keys even though applicable to line items are defined at the client level. SAP standard transactions come pre-defined with posting keys which can either be debit or credit. SAP R/3 FI comes pre delivered with the following default posting key values. These psoting key values depend upon the area in SAP FI.

    General Ledger Transactions - "Debit" is posting key 40 and "Credit" is posting key 50.

    Customer Invoices - "Debit" is posting key 01 and "Credit" is posting key 50.

    Vendor Invoices - "Debit" is posting key 40 and "Credit" is posting key 31.

    assign points if useful

    regards

    srilakshmi

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    Former Member
    May 22, 2008 at 10:58 AM

    Can you allobrate your thread?

    regards

    venkat

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