What is Posting Key?
Posting key is a two-digit alphanumeric number which controls the entry of line items. There are different standard postings provided by SAP specific for different transactions.
For Eg:
40 – G/L Debit
50 – G/L Credit
01 – Customer Invoice
11 – Customer Credit memo
21 – Vendor Credit memo
31 – Vendor Payment
Posting keys determines to which to which account the transaction is going to be posted, which side of the account i.e. debit/credit
It is a normal practice not to change default posting keys, as very rarely you would require additional posting keys.
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