The purpose of Journal Entry (JE) posting is to take a batch, validate it for consistency and create Financial Accounting (FI) documents and post those entries in various line item accounts needed for subsequent business processing.

Journal Entry (JE) Posting is the heart of Journal Entry and is a process that runs behind the scenes with a few exceptions. It receives journal entry data that representing financial transactions from the PRA modules (Valuation, Revenue Distribution, etc.). Next, it summarizes them in batches, posts them to the PRA Journal Entry (JE) line item tables and SAP Financial Accounting (FI).

Journal Entry (JE) Posting is the link between the journal entries coming from PRA applications, the Financial Accounting (FI) documents and Journal Entry (JE) line item table items that are created.

GL Posting using Cost Center: -

Post General Ledger 100 units of local currency are drawn from the Checking account in cash and put into Checking account – Customer Payments.

Step-1: Go to SAP Menu → Accounting → Finance Accounting → General Ledger → Document Entry → FB50 – Enter G/L Account Document.

(OR)

Enter the transaction code FB50 in the SAP command field and click Enter to continue.

Step-2: Provide the Company Code and click on tick mark.

Step-3: In the next screen, Enter the document date in header part.

Step-4: In the Item details part, Enter the following details and press Enter.

1. Cash Account to be Debit.
2. Select Debit.
3. Amount to be debited.
4. Bank account to be Credited.
5. Select Credit.
6. Amount to be Credited.

Step-5: Check the status of the document should be Green.

Step-6: Once all the details entered, click on Save button to save the details.

Step-7: Status bar displays the generated document number once the document posted successfully.

Technical Information: -

• Transaction Code: - FB50
• Navigation path: - SAP Menu → Accounting → Finance Accounting → General Ledger → Document Entry → FB50 – Enter G/L Account Document

Post to Cost Center: -

Post General Ledger 100 units of local currency to the cost center 1000 are drawn from the Checking account in cash and put into Checking account – Customer Payments.

Go to SAP Menu → Accounting → Finance Accounting → General Ledger → Document Entry → FB50 – Enter G/L Account Document.

(OR)

Step-1: Enter the transaction code FB50 in the SAP command field and click Enter to continue.

Step-2: Provide the Company Code and click on tick mark.

Step-3: In the next screen, Enter the document date in header part.

Step-4: In the Item details part, Enter the following details.

1. Cash Account to be Debit.
2. Select Debit.
3. Amount to be debited.
4. Bank account to be Credited.
5. Select Credit.
6. Amount to be Credited.
7. Cost Center in which the Amount is to be posted.

Step-5: Check the status of the document should be Green.

Step-6: Once all the details entered, click on Save button to save the details.

Step-7: Status bar displays the document number like below once the document posted successfully.

Technical Information: -

• Transaction Code: - FB50
• Navigation path: - SAP Menu → Accounting → Finance Accounting → General Ledger → Document Entry → FB50 – Enter G/L Account Document