What does 40 mean in SAP?
Summary –
| Posting Key | Description of Posting Key | Usage |
|---|---|---|
| 38 | Payment Clearing | Credit |
| 39 | Incoming credit posting | Credit |
| 40 | G/L account | Debit |
| 50 | G/L account | Credit |
What is the posting key for stock postings?
What is Posting Key in SAP PF? Posting Key refers to a double-digit numeric key that is defined to controls the entry processes of document line items in an FI Transaction. These posting keys specify whether the line item is a debit or credit entry account type. It also specifies the screen layout of the line items.
What is the account type for 85 posting key?
Account Type General Ledger Posting Keys
| Posting Key | Description | Account Type Debit/Credit |
|---|---|---|
| 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 |
What is the correct posting key for credit memo 21 or 23?
Summary –
| Posting Key | Description of Posting Key | Usage |
|---|---|---|
| 21 | Credit memos | Debit |
| 22 | Reverse Invoice | Debit |
| 25 | Outgoing Payment | Debit |
| 26 | Payment differences | Debit |
What does posting mean in SAP?
The use of Journal Entry (JE) posting in SAP FI is to take a batch, validate it for consistency, and create FI documents and post those entries in various line item accounts needed for subsequent business processing.
How do I assign a posting key in SAP?
Go to SPRO → SAP Reference IMG → Financial Accounting → Financial Accounting Global Setting → Document → Line Item → Controls → Define Posting Keys → Execute. Click the Create icon. Enter the 2-digit numeric code (Example ’02’) and the name of the posting key and press the Enter key.
What is a 40 and 50 accounting?
key 40 is for Debit & 50 is for Credit.
What is posting key 39 in SAP?
In the standard system, you post down payments made with posting key 29. This posting key determines that you are posting to the debit side of a vendor account….Posting Keys and Special G/L Indicators.
| Posting key | Description | Usage (example) |
|---|---|---|
| 39 | Incoming credit posting | Payment of bill payable |
What does posting key 50 mean in SAP?
Credit
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.
What is the correct posting key for credit memo in SAP?
Use
| Posting Key | Description |
|---|---|
| 50 | G/L account credit posting |
| 01 | Customer invoice |
| 11 | Customer credit memo |
| 21 | Vendor credit memo |
What is posting key in ERP?
Posting keys are the two-character numerical key that controls the entry of line items. The posting key determines Account type, Debit/credit posting & Layout of entry screens. When we enter a posting, enter a posting key for each item. This key determines how the item is posted.
IS 39 is the posting key for special credit?
To post special G/L transactions you require special posting keys, which are supplemented by a special G/L indicator….Posting Keys and Special G/L Indicators.
| Posting key | Description | Usage (example) |
|---|---|---|
| 29 | Incoming debit posting | Down payment made |
| 39 | Incoming credit posting | Payment of bill payable |
What does posting key 40 mean in SAP?
What does posting key 40 mean in SAP? Posting Key in SAP is a two digit numeric key defined to control the entry of document line items in a FI Transaction. For posting special General ledger transactions, special posting keys in SAP are used which are supplemented by a special GL indicator.
How to create posting key PK (test posting key) in SAP?
Below process is to create posting key PK (Test Posting Key). Step-1: Enter the transaction code OB41 in the SAP command field and click Enter to continue. Enter the transaction code SPRO in the SAP command field and click Enter to continue. Click on SAP Reference IMG.
What is a special posting key in SAP?
Special posting keys are used for posting special General ledger transactions. The system uses the posting key, special G/L indicator to determine the alternative settlement account. Below process is to create posting key PK (Test Posting Key). Step-1: Enter the transaction code OB41 in the SAP command field and click Enter to continue.
How to create posting keys in SAP Reference IMG?
Click on SAP Reference IMG. Expand SAP Customizing Implementation Guide → Financial Accounting → Financial Accounting Global Setting → Document → Line Item → Controls → Define Posting Keys. Click on Execute. Step-2: In the next screen, click on Create icon on the application bar.