Allocation Key
You specify allocation keys when creating the postings on GL open item accounts using Journal Entry Create (25.13.1.1), and in other system functions where you can enter transactions on GL open item accounts. When creating open item postings, the transactions can be created with one of three statuses:
• Link to Open Item, where the movement is linked to an existing allocation key.
• New Open Item, where a new allocation key is assigned to the movement.
• Allocate Later, where the user chooses not to allocate the open item and a normal GL movement is created, without an allocation key.
Any posting on a GL open item account triggers the system to display the Allocation Key field.