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What are posting keys? State the purpose of defining posting keys?

April 26, 2017defining keys posting purpose State

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What are posting keys? State the purpose of defining posting keys?

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Posting keys determine whether a line item entry is a debit or a credit as well as the possible field status for the transaction. Posting keys are SAP delivered. If u want changes like making additional fields optional on payment type posting keys then the best possible action is to copy the posting key that needs to be modified and then modify it.