Join Examsbook
831 0

Q: Explain what is posting key and what does it control ?

  • Show AnswerHide Answer
  • Workspace

Answer :
Explanation :

In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as 'Posting Key'Posting key determines:a) Account Typesb) Types of posting. Debit or Creditc) Field status of transaction

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully