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

Question

Options

• ATransfer unit from Accounting to Invoicing
• BGroups FI-CA documents together
• CSummarization criteria is Provider contract
• DAutomatic determination for mass runs
• ETransfer units from Subledger to General Ledger

• A
  91% (32)
• C
  6% (2)
• E
  3% (1)

Explanation

In SAP Financial Contract Accounting (FI-CA), the reconciliation key is a technical control object used during posting and mass processing runs. It groups FI-CA documents together (B) that belong to the same processing unit, acts as a transfer unit from Accounting to Invoicing (A) by linking the FI-CA posting results to the invoicing process, and is automatically determined during mass runs (D) such as billing or payment runs without manual intervention.

Why C is wrong: The summarization criteria for the reconciliation key is not the provider contract - it is based on posting parameters like company code, posting date, and run category. Provider contract is a business object, not a reconciliation key attribute.

Why E is wrong: Transferring postings from the Subledger to the General Ledger is the function of the reconciliation account (a separate FI-CA concept), not the reconciliation key. Conflating these two similarly named objects is a common trap.

Memory tip: Think of the reconciliation key as a "batch label" - it stamps a group of FI-CA documents processed together (B), gets auto-assigned by the system during runs (D), and travels with those documents into Invoicing (A). If an answer describes GL transfer or contract-level summarization, it's describing a different object.

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