What do you mean by posting key?

1.	What do you mean by posting key?
Answer» The posting KEY is a two-digit numeric code that IDENTIFIES the type of transaction submitted in the line item. It specifies account types (A>Assets, D>Customers, K>Vendors, M>Materials, S>GENERAL Ledger Account), the layout of entry SCREENS, and the kinds of postings (A>Assets, D>Customers, K>Vendors, M>Materials, S>General Ledger Account) (Debit or Credit). Posting special General ledger transactions requires the use of special posting KEYS.

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