Posting 

 

Purpose

The posting function transfers data to Financial Accounting.

Process Flow

Each financial transaction is based on certain transaction data (e.g. nominal amounts, interest rates). The flows relating to a financial transaction are generated from this transaction data. These flows are used to determine the data necessary for posting, such as document types, balance sheet accounts or income statement accounts and the posting key. This data and the flows to be posted are transferred to the FI interface which generates the relevant postings and documents via the corresponding functions. The document principle is used throughout the entire SAP R/3 System. In other words, postings are always saved as documents. The document remains as a unit in the SAP R/3 System until it is archived.

The posting responsibility is in Accounting but the account assignment rules for the posting types are fixed and monitored in Treasury Management. This reporting structure guarantees a separation of functions and Accounting is not burdened with posting that would be inefficient. In this way, posting errors and loss of information are avoided.

Before you transfer flows to FI, determine the relevant posting specifications via flexible account determination. The posting specifications identify the accounts used in the posting run. Account determination is based on a general concept with replacement rules and masking. You make the setting for account determination once during implementation. This guarantees a uniform procedure and the minimization of input fields.

See also: Account assignment reference

Features

The SAP R/3 System provides the following functions: Execute posting, Reverse documents, Reverse manually, Release posting and Block posting.