Explain what is posting key and what does it control ?
SAP Online Classes provides Best SAP training Online based on current industry standards that helps attendees to secure placements in their dream jobs at MNCs. SOC is one of the most credible ERP SAP Online training provider, offering hands on practical knowledge and full job assistance with basic as well as advanced level ERP SAP Implementation Training. At SOC ERP SAP training Online is conducted by subject specialist corporate professionals with 14+ years of experience in managing real-time ERP SAP projects.
Explain what is posting key and what does it control?
Answer
-
In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as ‘Posting Key’
Posting key determines
a) Account Types
b) Types of posting. Debit or Credit
c) Field status of transaction
