How to create Accounting Key in SAP: OV34

What is Accounting Key?

The Accounting key enables the system to post amounts to certain types of revenue account. For example, the system can post freight charges (generated by the freight pricing condition) to the relevant freight revenue account.

A condition type writes its value to a key established in the configuration outside the pricing procedure. That key is called the Account Key in SAP MM, which is a table entry that tells the pricing procedure where to copy calculated condition values for revenue account determination in SAP.

How to create Accounting Key in SAP

Below is the process to create account key in SAP SD:

Step 1) Creating Accounting Key

  1. Enter T-code OV34 in command field.
  2. Click on New Entries button.

Create Accounting Key in SAP

Step 2) Enter the Accounting key details

  1. Enter Accounting key and name.
  2. Click on save button.

Create Accounting Key in SAP

A message “Data was saved” will be displayed.