Which characteristics have the reconciliation key in Financial Contract Accounting? Note: There are 3 correct answers to this question.

Question

Options

• AAutomatic determination for mass runs
• BTransfer units from Subledger to General Ledger
• CGroups FI-CA documents together
• DSummarization criteria is Provider contract
• ETransfer unit from Accounting to Invoicing

• A
  88% (29)
• D
  3% (1)
• E
  9% (3)

Explanation

In SAP Financial Contract Accounting (FI-CA), the reconciliation key serves as a grouping and transfer mechanism: it automatically determined during mass runs (A) such as billing or payment processing, it acts as the transfer unit from the FI-CA subledger to the General Ledger (B), and it groups FI-CA documents together (C) so they can be reconciled and posted to the GL in summarized form.

D is wrong because the summarization criteria for the reconciliation key is not the "Provider contract" - the key groups documents by posting date, company code, and similar GL-relevant attributes, not by contract type.

E is wrong because the reconciliation key has nothing to do with transferring data from Accounting to Invoicing; that direction reverses the flow. Invoicing feeds into FI-CA, and the reconciliation key handles the outbound transfer up to the GL.

Memory tip: Think of the reconciliation key as a "batch envelope" - it's automatically stamped on documents during mass processing, seals a group of FI-CA postings together, and is then handed off upward to the General Ledger. If an answer describes a lateral or downward flow (to contracts or to invoicing), it's a distractor.

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