top of page
Search

UNDERSTANDING posting key AND Retained EARNINGS account

Updated: 3 hours ago

Posting key is a two digit numeric code used for posting a transactions. Posting key determines debit or credit of the transactions, type of accounts to be used ,field status of the transactions.

Some of the standard posting keys are given below and these are predefined in SAP.















Retained Earnings account is configured in order to carryforward profit and loss balances from one financial year to next financial year.


DEFINE RETAINED EARNINGS ACCOUNT

T CODE:OB53

PATH:SPRO>IMG>FINANCIAL ACCOUNTING>FINANCIAL ACCOUNTING GLOBAL SETTINGS>GENERAL LEDGER ACCOUNTING>MASTER DATA>GL ACCOUNTS>PREPARATIONS>DEFINE RETAINED EARNINGS ACCOUNT



















Disclaimer: © 2025 SAP SE or an SAP affiliate company. All rights reserved. SAP, SAP GUI, SAP Fiori, and other SAP product names mentioned are trademarks or registered trademarks of SAP SE in Germany and other countries. Archon Solutions is not affiliated with or endorsed by SAP. This content is for educational purposes only.

Comentários

© 2025 Archon Solutions. All rights reserved. Archon Solutions is an independent training institute offering professional education and internship programs in various technologies, including Software Development, Testing, DevOps, AI, and SAP® software modules. We are not affiliated with, endorsed by, or an authorized training partner of SAP SE or its subsidiaries. All trademarks, product names, and copyrights, including SAP® product names, are the property of their respective owners (such as SAP SE in Germany and other countries). Their use here is solely for identification, descriptive, and educational purposes. Our programs do not lead to official SAP certification. Such certifications can only be obtained directly from SAP SE or its authorized training partners.

bottom of page