What is symbolic name in SAP FI-SL - Special Purpose Ledger?

SAP Term: symbolic name

• Component: FI-SL

• Component Name: Special Purpose Ledger

• Description: The name entered in a set header or set line that pinpoints the row and column coordinates of a cell or key figure within a report. Symbolic set line names refer to a value or a set name in a set line. Symbolic set header names refer to all values in a set.

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• Key Concepts: 
  A symbolic name is a unique identifier used to represent a particular object in SAP FI-SL Special Purpose Ledger. It is used to simplify the process of referencing and managing objects within the system. Symbolic names are typically assigned to objects such as accounts, cost centers, and business areas. 
  
  How to use it: 
  Symbolic names can be used to quickly and easily reference objects within the system. For example, when creating a new account, you can assign it a symbolic name that will be used to identify it in the system. Symbolic names can also be used to quickly search for objects within the system. 
  
  Tips & Tricks: 
  When assigning symbolic names, it is important to ensure that they are unique and descriptive. This will make it easier to identify and reference objects within the system. Additionally, it is important to keep track of all symbolic names that have been assigned in order to avoid confusion or duplication. 
  
  Related Information: 
  Symbolic names are similar to object keys in SAP FI-SL Special Purpose Ledger. Object keys are also unique identifiers that are used to reference objects within the system. However, object keys are typically assigned by the system itself, while symbolic names must be manually assigned by the user.