What is posting key and how to deater mined the posting key

Question

Accepted Answer

Posting key is a two-digit numerical code used in SAP FICO to determine the type of transaction and the general ledger account to be posted.

Posting key is used to control the entry of accounting documents in SAP FICO.
It determines the type of transaction, such as debit or credit, and the general ledger account to be posted.
Posting keys are predefined in SAP and can be customized as per business requirements.
The posting key is assigned to each line item in an accounting document.
Examples of posting keys include 01 for posting a debit entry, 40 for posting a credit entry, and 50 for posting a vendor invoice.
Posting keys are determined based on the transaction type, such as customer invoice, vendor payment, or general journal entry.

Accepted Answer

PK is a 2 digital numerical, this define what is credit & what is Debit , after posting the invoice we can check the balance

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