Question

Within the line items of Fl documents, what does the posting key control?Note: There are 3 correct answers to this question.

1) The field status of additional details
2) The account type to which the line item can be posted
3) The account group to which the line item can be posted
4) Whether the item is posted with reference to primary or secondary cost element
5) Whether the item is posted as a debit or credit

Answer 1

The posting key in FI documents controls the account type, account group, and whether the line item is posted as a debit or credit.

Step-by-step explanation:

Within the line items of FI documents, the posting key controls several aspects. Firstly, it determines the account type to which the line item can be posted. For example, a posting key of 01 is used for posting to a general ledger account, while a key of 11 is used for posting to a customer account. Secondly, the posting key determines the account group to which the line item can be posted. This helps in classifying the line item based on its nature, such as assets, liabilities, or expenses. Finally, the posting key determines whether the line item is posted as a debit or credit. For example, a key of 40 indicates a debit posting, while a key of 50 indicates a credit posting.