SAP Financial Accounting (SAP FI) Practice Exam

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Study for the SAP Financial Accounting (SAP FI) Exam. Use flashcards and multiple choice questions with hints and explanations to enhance learning and comprehension. Prepare thoroughly for your certification test!

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Which of the following statements is true regarding posting dates in SAP FI?

They cannot be changed after a document is posted
They represent the date the transaction is entered
They are automatic and do not require user input
They can be modified by the finance team

The correct answer is: They cannot be changed after a document is posted

The statement regarding posting dates in SAP FI that is accurate is that they cannot be changed after a document is posted. Posting dates are critical in financial accounting as they determine the period in which the transactions are recorded and can impact financial reporting. Once a document is posted, the posting date becomes a fixed reference point for that transaction, ensuring the integrity of financial statements by maintaining historical accuracy. This system design reflects a fundamental principle of accounting—once transactions are accounted for, they should remain unchanged to preserve the chronological order of financial events and to comply with audit trails and reliability standards. Other statements do not accurately reflect how posting dates work in SAP FI: while posting dates do represent the transaction date, they are not merely the date the transaction is entered, and they do require user input at the time of posting in many cases, particularly depending on system configurations. These aspects underscore that while users can set a posting date, it becomes immutable once the document has been posted, maintaining the integrity of the accounting records.