What is 'posting key' in SAP SBO - SAP Business One?

posting key - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: The internal code of a journal type. &EXAMPLE& RC -> Receipt PU -> Purchase Invoice CN -> Credit Note

posting key - Details

• 
  Key Concepts: 
  Posting keys are used in SAP Business One to define the type of transaction that is being posted. They are used to determine the account type, the debit/credit side of the transaction, and the posting logic. Posting keys are assigned to each G/L account and can be changed as needed. 
  
  How to use it: 
  Posting keys are used when entering transactions into SAP Business One. When entering a transaction, the user must select a posting key from a drop-down list. The posting key will determine the account type, debit/credit side of the transaction, and posting logic. 
  
  Tips & Tricks: 
  It is important to select the correct posting key when entering transactions into SAP Business One. If an incorrect posting key is selected, it could result in incorrect postings or errors in the system. 
  
  Related Information: 
  For more information on posting keys in SAP Business One, please refer to the SAP Help Portal or contact your local SAP support team.