General Ledger Accounting (FI-GL)
General Ledger Accounting (FI-GL) General Ledger Accounting (FI-GL) is a core component of the SAP Financial Accounting (FI) module that focuses on managing the general ledger accounts and financial reporting within an organization. It serves as the central repository for financial data, providing a comprehensive view of an organization's financial transactions and balances. Key features and functionalities of the General Ledger Accounting (FI-GL) module include: Chart of Accounts: FI-GL allows the creation and maintenance of a chart of accounts, which represents the complete list of general ledger accounts used by an organization. It defines the structure and organization of financial accounts according to specific reporting requirements. Journal Entries: FI-GL enables the recording and posting of journal entries to update the general ledger accounts. It supports various types of journal entries, including standard, recurring, and reversing entries, allowing for accurate trackin