What is 'key figure' in SAP FI-GL - General Ledger Accounting?

key figure - Overview

• Component: FI-GL

• Component Name: General Ledger Accounting

• Description: A value calculated from other values in a report using report cells.

key figure - Details

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  Key Concepts: 
  A key figure is a numerical value used to measure the performance of a business. It is used in SAP FI-GL General Ledger Accounting to track financial performance. Key figures are used to measure financial performance, such as revenue, expenses, profits, and losses. 
  
  How to use it: 
  Key figures can be used to track financial performance over time. They can be used to compare different periods or different companies. They can also be used to identify trends and patterns in financial performance. 
  
  Tips & Tricks: 
  When using key figures, it is important to ensure that the data is accurate and up-to-date. It is also important to ensure that the key figures are being compared on an apples-to-apples basis. 
  
  Related Information: 
  Key figures are closely related to other financial metrics, such as ratios and benchmarks. Ratios are used to compare different companies or different periods of time, while benchmarks are used to compare a company’s performance against industry standards.