Define Posting Keys in SAP FICO | Account type SAP

Define Posting Keys

Posting Keys :–  Posting key in SAP is a two digits numerical key that determines the type of transaction entered in a line item

Posting Keys Determines :-

1. Account Types ( A, D, K, M, S )

2. Type of postings i.e Debit or Credit

Account Types in SAP :-

1. Assets

2. General Ledger

3. Customer

4. Vendor

5. Material

Account Type Customer posting keys :-


Posting Key
Description
Account Type Debit/Credit
1
Invoice
Customer Debit
2
Reverse credit memo
Customer Debit
3
Bank charges
Customer Debit
4
Other receivables
Customer Debit
5
Outgoing payment
Customer Debit
6
Payment difference
Customer Debit
7
Other clearing
Customer Debit
8
Payment clearing
Customer Debit
9
Special G/L debit
Customer Debit
11
Credit memo
Customer Credit
12
Reverse invoice
Customer Credit
13
Reverse charges
Customer Credit
14
Other payables
Customer Credit
15
Incoming payment
Customer Credit
16
Payment difference
Customer Credit
17
Other clearing
Customer Credit
18
Payment clearing
Customer Credit

Account Type General Ledger Posting Keys

Posting Key
Description
Account Type Debit/Credit
40
Debit entry
G/L Debit
50
Credit entry
G/L Debit
80
Stock initial entry
G/L Debit
81
Costs
G/L Debit
83
Price difference
G/L Debit
84
Consumption
G/L Debit
85
Change in stock
G/L Debit
86
GR/IR debit
G/L Debit
90
Stock initial entry
G/L Credit
91
Costs
G/L Credit
93
Price difference
G/L Credit
94
Consumption
G/L Credit
95
Change in stock
G/L Credit
96
GR/IR credit
G/L Credit


Account Type Asset Posting Keys

Posting Key Description Debit/Credit
70 Debit Asset Debit
75 Credit Asset Credit
Account Type Material Posting Keys

Posting Key
Description
Account Type Debit/Credit
89
Stock inward movement
Material Debit
99
Stock outward movement
Material Credit

Account Type Vendor Posting Keys

Posting Key
Description
Account Type Debit/Credit
21
Credit memo
Vendor Debit
22
Reverse invoice
Vendor Debit
24
Other receivables
Vendor Debit
25
Outgoing payment
Vendor Debit
26
Payment difference
Vendor Debit
27
Clearing
Vendor Debit
28
Payment clearing
Vendor Debit
29
Special G/L debit
Vendor Debit
31
Invoice
Vendor Credit
32
Reverse credit memo
Vendor Credit
34
Other payables
Vendor Credit
35
Incoming payment
Vendor Credit
36
Payment difference
Vendor Credit
37
Other clearing
Vendor Credit
38
Payment clearing
Vendor Credit
39
GSpecial G/L credit
Vendor Credit

Posting key Configuration Steps :- Transaction Code – OB41

Step 1 :– Enter T-Code SPRO in the Command Field and press enter

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Step 2 :- Click SAP Reference IMG

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Step 3 :- Follow the IMG Menu path

SPRO > Implementation Guide –> Finance Accounting –> Finance Accounting Global Settings –> Documents –> Line Item –> Controls –>   Define Posting Keys

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 Step 4 :– Click on Create Icon

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Step 5:- Update two digits numerical key code in the Posting key field and update name of the posting key in the name of the posting key field

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Step 6 :- Update the following data

1. Debit/Credit indicator :– Select the debit or credit 

2. Account Type :- Select appropriate account type 

3. Other attributes :- Select appropriate attribute i.e Sales related or Special G/L

4. Reversal Posting Key :- Update the reversal posting key

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Step 7 :- click on save icon

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Posting key successfully configured in SAP

Posting Key
Description
Account Type Debit/Credit
70
Debit asset
Asset Debit
75
Credit asset
Debit

Interview Questions :-

What is posting key and what does it control? 

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