What is 'Subsidiary Accounting Item' in SAP FI-FIO-GL - Fiori UI for General Ledger Accounting?

Subsidiary Accounting Item - Overview

• Component: FI-FIO-GL

• Component Name: Fiori UI for General Ledger Accounting

• Description: A kind of subledger category, such as Customer, Supplier, Cost center, Internal Order, and Cost Center & Internal Order for reporting.

Subsidiary Accounting Item - Details

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  Key Concepts: 
  Subsidiary Accounting Item is a feature of the Fiori UI for General Ledger Accounting component of SAP. It allows users to create and manage subsidiary accounts, which are separate accounts that are used to track specific transactions or activities. Subsidiary accounts can be used to track expenses, income, assets, liabilities, and other financial information. 
  
  How to use it: 
  To use the Subsidiary Accounting Item feature, users must first create a subsidiary account. This can be done by selecting the “Create Subsidiary Account” option from the Fiori UI for General Ledger Accounting menu. Once the account is created, users can then enter transactions into the account and view the account’s balance. 
  
  Tips & Tricks: 
  When creating a subsidiary account, it is important to give it a descriptive name that will make it easy to identify in the future. Additionally, it is important to keep track of all transactions that are entered into the account so that they can be easily accessed when needed. 
  
  Related Information: 
  For more information on Subsidiary Accounting Item and other features of the Fiori UI for General Ledger Accounting component of SAP, please refer to the official SAP documentation.