What is average ledger in SAP FI-GL-GL - Basic Functions?

SAP Term: average ledger

• Component: FI-GL-GL

• Component Name: Basic Functions

• Description: Additional ledger that is assigned to two direct posting ledgers a month ledger and a daily ledger using a ledger environment. Average sales per period are stored in the average ledger.

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• Key Concepts: 
  Average ledger is a feature of the SAP Financial Accounting (FI-GL) module that allows users to create a ledger that contains the average values of all the accounts in the system. This ledger can be used to track and analyze financial data over time. It is especially useful for analyzing trends in financial data, such as changes in average account balances or average account activity. 
  
  How to use it: 
  To use the average ledger, users must first create an average ledger account. This account will contain the average values of all the accounts in the system. Once this account is created, users can then use it to track and analyze financial data over time. For example, users can compare the average values of different accounts over time to identify trends in financial data. 
  
  Tips & Tricks: 
  When creating an average ledger account, it is important to ensure that all accounts are included in the calculation. This will ensure that the average values are accurate and up-to-date. Additionally, users should consider setting up a separate average ledger for each type of financial data they wish to track and analyze. This will make it easier to compare different types of financial data over time. 
  
  Related Information: 
  The average ledger feature is part of the SAP Financial Accounting (FI-GL) module. Other features of this module include General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and Cost Accounting (CO). Additionally, users can use SAP Business Intelligence (BI) tools to further analyze and visualize their financial data.