How to create posting key in SAP FICO

In this sap fico tutorial we are going to learn how to create a posting key in sap. Before create posting key in SAP FICO or SAP posting key configuration we have to know what is posting key in sap and their uses. Basically posting key in sap are Two-character numerical key that controls the entry of line items.

When you enter a posting, enter a posting key for each item. This key determines how the item is posted. Posting keys are defined at client level and therefore apply to all company codes.
The posting key determines:

  • The data you can enter in the line item
  • How data you post is processed
  • How the system updates the data you enter

Posting keys are differentiated by customer, vendor and G/L accounts. Apart from the General Ledger Accounting (FI-GL) and Accounts Receivable and Payable (FI-AR/AP) components, there are also posting keys for asset and material accounts.
It explains step by step how to create a posting key in sap. So learn How to Define Posting Keys in SAP FI, T Code OB41.

create posting key in sap fico

Create Posting Keys in SAP – T.Code OB41
SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> Financial Accounting Global Settings –> Documents –> Line Item –> Controls –> Define Posting Keys.

When You Click on Define Posting Keys then You can see that already mention there all types of Posting Keys. Not need to create any more Keys. See the below screen.

create-posting-key-in-sap

Create Documents Types and Document Number Range – T.Code OBA7 & FBN1
SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> Financial Accounting Global Settings –> Documents –> Document Header –> Define Document types.

Give you one Documents type’s example: “SA” – G/L Account Documents.
No Range from 100000 to 200000.
Click on Define Document Types.
Go to Position Button and give there document types – ‘SA’. And click on Continue Button.

create-posting-key-in-sap

Double Click on Document Type “SA”.

create-posting-key-in-sap

Then Click on Number Range Information. And give your company code.

create-posting-key-in-sap

Then Click on Change Interval Button.
Again Click on Insert Interval Button or Press Shift+F1.

create-posting-key-in-sap

Give your No and No Range.

create-posting-key-in-sap

Click on Insert Button. Now Click on Save Button ( Ctrl+S).

create-posting-key-in-sap

Click on Continue Button.
We get a message the Changes were Saved.

create-posting-key-in-sap

SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> Financial Accounting Global Settings –> Documents –>Document Number Ranges –> Define Document Number Ranges.

create-posting-key-in-sap

Create Tolerance Group for Users – T.Code OBA4
SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> Financial Accounting Global Settings –> Documents –> Line Item –> Define Tolerance group for Users / Employees

Click on Define Tolerance Group for Users.

create-posting-key-in-sap

Give your Company Code – ITCI and also give Amount Per Document and Amount per Open item account item, Cash discount per line item (maximum amount).

create-posting-key-in-sap

Click on Save Button and again Continue Button.

create-posting-key-in-sap

We get a message Data was Saved.

create-posting-key-in-sap

Create Tolerance Groups for G/L accounts – T.Code OBA0
SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> General Ledger Accounting –> Busness Transactions –> Open item Clearing –>Clearing Differences –>Define Tolerance groups for G/L accounts.

Click on Define Tolerance groups for G/L accounts.

create-posting-key-in-sap-

Click on New Entries or Press F5.
Give your company code – ITCI and description.

create-posting-key-in-sap-

Click on Save Button (Ctrl+S).

create-posting-key-in-sap-

Click on Continue Button.
We get a message Data was Saved.

create-posting-key-in-sap

Feel free to inform any further queries about this topic via comments. We will get back to you shortly. You may also like our previous post How to create fiscal year in SAP FI and Sap fico enterprise structure.

If you think it is helpful for beginner to getting a basic knowledge about how to create a posting key in sap fico then please share with your friends. Thanks for watching. Will see you in our next post.

About Pranab Guha

Pranab has experience, in SAP FI (Finance Accounting module) and domain experience in Accounts and Taxation. He has been involved in SAP Customization & Support Projects as a Functional Consultant also a creative writer and lover of all things tech, SAP modules and finance. Also an active member of this creative blog.

6 responses to “How to create posting key in SAP FICO”

  1. Anonymous says:

    Surprisingly post,it is useful to me and others,please just keep it on….

  2. Guest says:

    Dear friend
    This post is very helpful for me,i like it very much,thanks!

  3. loretta says:

    Ahaa, its fastidious dialogue regarding this article at this place at this
    blog, I have read all that, so now me also commenting here.

  4. MalikSGoolia says:

    Aw, this was a really nice post. Finding the time and
    actual effort to generate a really good article.

  5. GradyDSuydan says:

    It’s will be finish of mine day, but before finish I am reading this wonderful part of writing to increase my know-how.

Leave a Reply

Your email address will not be published. Required fields are marked *