Description

SAP General Ledger Accounting (FI-GL) is a comprehensive general ledger and cost accounting solution designed for finance teams. It enables users to record business transactions such as primary postings as well as settlements from internal accounting in a software system, automate the simultaneous posting of all sub-ledger items in the appropriate general ledger accounts, update and monitor parallel general ledgers and the cost accounting areas, track the transactions in real-time, and evaluate the current posting data in the form of account displays and financial statements with different balance sheet versions. Features include legal reporting, parallel accounting, profit and loss evaluations, account information management, and integration with the application components of the SAP System.