SAP Financial Accounting (SAP FI) Certified Application Associate Practice Exam

For general ledger account posting, which of the following standard posting keys is used for debit?

1. 31

2. 40

3. 01

4. 50

The correct answer is: 40

In SAP, posting keys play a crucial role in defining the type of financial transaction being processed in the general ledger. Specifically, they determine the nature of the account entry—whether it is a debit or a credit—and influence how the transaction will subsequently appear in financial reports. The standard posting key used for debiting a general ledger account is 40. This posting key is defined for general ledger account entries where the entry leads to an increase in assets or expenses, which is characteristic of a debit operation. Understanding this context is vital, as each posting key is designed to streamline data entry and ensure accurate financial recording. The ability of accounting professionals to quickly identify the correct posting key helps avoid errors and enhances the efficiency of financial transaction processing within SAP. The other posting keys serve different functions; for example, posting key 31 is typically used for debiting customer accounts (in customer invoice scenarios), while keys like 01 and 50 are associated with different types of entries or postings. Recognizing which posting key corresponds to which type of transaction is essential for effective financial management in the SAP environment.