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Former Member

Posting keys

Hi,

Iam asking for posting keys (40 and 50). How are there posting keys determined for GL account determined from VKOA.

1 )I need to know if the system determines GL account xyz. how the system knows that xyz nneds to be debited through posting key 40 or xyz needs to be credited through posting key 50.

can you pls tell me the config path for the posting keys and the integration with account determination.

2) Is the debit(40) and credit (50) also dependent on the type of document. That is if we make an invoice , the system debits GL account xyz through 40 posting key as an example and if we make a credit note with ref to invoice and use the same GL account xyz, the system uses the account key 50 and credits the gl account xyz. Is this the inerchange of posting key is done automatically or any config is required from FI side ?

regds

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5 Answers

  • Jul 06, 2010 at 04:00 AM

    Rightly indicated, it is controlled under * Maintain FI Configuration: Automatic Posting Group *

    Outgoing Invoice posting key area handled.

    Group: AGR- Outgoing invoices

    Customer item outgoing invoice - AGD (Posting Key - Debit: 01, Credit: 11)

    G/L account item outgoing invoice - AGS (Posting Key - Debit: 40, Credit: 50)

    Customer item with special G/L indicator - AGX (Posting Key)

    Check table : T001U, T030, T030B, T030D, T030K, T030R, T030S, T030U, T030X, T030Y

    Thanks & Regards

    JP

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  • Jul 06, 2010 at 02:52 AM

    The link between Posting Key and G/L Account is your tax code which you can see in OB40.

    Example, as you said posting keys 40 and 50 are assigned to Transaction MWS for which you can you see in OB40 where different tax codes and G/L Accounts would be maintained. This MWS is also linked to your condition types which you can see in FTXP.

    thanks

    G. Lakshmipathi

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    Former Member
    Jul 06, 2010 at 03:27 AM

    Hi,

    Check Transaction OBYC for MM side.

    Here in this transaction a for a particular transcation type : chart of account and account determination is assigned.

    if you check after chart of account the posting keys are also assgined.

    and enteries are made on valuation area and valuation class,

    Valuation class is assigned in Material master.

    Sales :

    ->Chart of accounts

    -> Sales organization

    ->Account assignment group for payer

    (This allows you to divide customers into different groups, such as domestic

    and overseas customers.)

    -> Account assignment group for material

    (This allows you to divide materials into different groups, such as services

    and retail goods.)

    -> Account key

    (Account keys are assigned to condition types in the pricing procedures, so

    that conditions, such as freight conditions, can be posted to special freight

    revenue accounts.)

    You must ensure that the configurations you make for account determination

    match the configurations in FI and CO.

    Account determination is carried out using the condition technique.

    Depending upon the billing type, an account determination procedure is assigned

    for G/L accounts.

    This determination procedure contains one or more condition types to which an

    access sequence is assigned.

    This access sequence is composed of individual accesses in the form of condition

    tables.

    I hope this will help.

    Rergards,

    Nisha

    Edited by: Nisha Sharma on Jul 6, 2010 5:29 AM

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    Former Member
    Jul 06, 2010 at 03:27 AM

    Hi,

    Check Transaction OBYC for MM side.

    Here in this transaction a for a particular transcation type : chart of account and account determination is assigned.

    if you check after chart of account the posting keys are also assgined.

    and enteries are made on valuation area and valuation class,

    Valuation class is assigned in Material master.

    Sales :

    ->Chart of accounts

    -> Sales organization

    ->Account assignment group for payer

    (This allows you to divide customers into different groups, such as domestic

    and overseas customers.)

    -> Account assignment group for material

    (This allows you to divide materials into different groups, such as services

    and retail goods.)

    -> Account key

    (Account keys are assigned to condition types in the pricing procedures, so

    that conditions, such as freight conditions, can be posted to special freight

    revenue accounts.)

    You must ensure that the configurations you make for account determination

    match the configurations in FI and CO.

    Account determination is carried out using the condition technique.

    Depending upon the billing type, an account determination procedure is assigned

    for G/L accounts.

    This determination procedure contains one or more condition types to which an

    access sequence is assigned.

    This access sequence is composed of individual accesses in the form of condition

    tables.

    I hope this will help.

    Regards,

    Nisha

    .

    Edited by: Nisha Sharma on Jul 6, 2010 5:28 AM

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  • avatar image
    Former Member
    Jul 06, 2010 at 03:27 AM

    Hi,

    Check Transaction OBYC for MM side.

    Here in this transaction a for a particular transcation type : chart of account and account determination is assigned.

    if you check after chart of account the posting keys are also assgined.

    and enteries are made on valuation area and valuation class,

    Valuation class is assigned in Material master.

    Sales :

    ->Chart of accounts

    -> Sales organization

    ->Account assignment group for payer

    (This allows you to divide customers into different groups, such as domestic

    and overseas customers.)

    -> Account assignment group for material

    (This allows you to divide materials into different groups, such as services

    and retail goods.)

    -> Account key

    (Account keys are assigned to condition types in the pricing procedures, so

    that conditions, such as freight conditions, can be posted to special freight

    revenue accounts.)

    You must ensure that the configurations you make for account determination

    match the configurations in FI and CO.

    Account determination is carried out using the condition technique.

    Depending upon the billing type, an account determination procedure is assigned

    for G/L accounts.

    This determination procedure contains one or more condition types to which an

    access sequence is assigned.

    This access sequence is composed of individual accesses in the form of condition

    tables.

    The condition tables contain the fields and field combinations upon which revenue

    account determination depends.

    The key fields are filled with document data, so that the system can search for a

    corresponding G/L account for the relevant combination.

    If an access determines a G/L account, then it is set in the accounting document

    and the search is terminated.

    I hope this will help.

    Regards,

    Nisha

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