How To Fix 62859 - Posting key not defined for bank debit posting

62859 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 859

• Message text: Posting key not defined for bank debit posting

What causes this issue?

To post a debit entry to this bank account, the system requires a
corresponding posting key.
The posting key has not been assigned in Customizing.

System Response

The requested function cannot be executed.
The program is cancelled.

How to fix this error?

Contact your system administrator.
Procedure for the system administrator
Enter the posting key for a debit posting to the bank G/L account in
Customizing.

Error message extract from SAP system. Copyright SAP SE.

62859 - Details

• The SAP error message "62859 - Posting key not defined for bank debit posting" typically occurs when you are trying to post a bank debit transaction, but the system cannot find a valid posting key for that type of transaction. This can happen for various reasons, including configuration issues or missing definitions in the system.
  
  Cause:
  
  Missing Posting Key Configuration: The posting key for bank debit transactions may not be defined in the system.
  Incorrect Account Type: The account type you are trying to post to may not be compatible with the bank debit posting.
  Transaction Type Issues: The transaction type you are using may not be set up correctly for bank debits.
  Authorization Issues: The user may not have the necessary authorizations to perform the transaction.
  
  
  Solution:
  
  
  Check Posting Key Configuration:
  
  Go to the SAP transaction code OB14 (Define Posting Keys).
  Verify if the posting key for bank debits (usually 31 for bank debits) is defined.
  If it is