What is set in SAP FI-SL - Special Purpose Ledger?

SAP Term: set

• Component: FI-SL

• Component Name: Special Purpose Ledger

• Description: An object that groups specific values or ranges of values under a set name. The set values reside within one or more dimensions of a database table. The following set types are used: Basic sets Key figure sets Single-dimension sets Multi dimension sets

Smart SAP Assistant

• Key Concepts: 
  A set in SAP FI-SL Special Purpose Ledger is a grouping of accounts that are related to each other. It is used to simplify the process of creating and managing accounts. A set can contain multiple accounts, and each account can be assigned to multiple sets. 
  
  How to use it: 
  To create a set, go to the Special Purpose Ledger menu in SAP FI-SL and select “Create Set”. Enter the name of the set and select the accounts that you want to include in the set. Once you have created the set, you can assign it to any account that you want. 
  
  Tips & Tricks: 
  When creating a set, make sure to give it a descriptive name so that it is easy to identify later on. Also, make sure to assign the correct accounts to the set so that it is easier to manage them later on. 
  
  Related Information: 
  Sets are also used in other areas of SAP such as Controlling (CO) and Materials Management (MM). For more information on sets in these areas, please refer to the SAP Help documentation.