What is FI-GL?

FI-GL stands for Financial Accounting - General Ledger. It is a core module within SAP ERP systems, used for managing and reporting on the financial transactions of an organization. FI-GL provides a centralized view of all financial data, enabling accurate and timely financial reporting. It's commonly used for tasks like recording journal entries, maintaining account balances, generating financial statements (balance sheets, income statements, etc.), and supporting financial analysis. It integrates with other SAP modules, such as Accounts Payable (FI-AP), Accounts Receivable (FI-AR), and Controlling (CO), to provide a comprehensive financial management solution.