What is commercial register in SAP SRD-FIN-GL - FIN-General Ledger?

SAP Term: commercial register

• Component: SRD-FIN-GL

• Component Name: FIN-General Ledger

• Description: A public database in which all legal entities are recorded and made public under trade law. All companies, including general partnerships, limited partnerships, private limited companies, public limited companies, and commercial associations, sole proprietors and branches of foreign companies are contained in the database.

Smart SAP Assistant

• Key Concepts: 
  The commercial register is a component of the SAP SRD-FIN-GL FIN-General Ledger. It is a database that stores information about companies, such as their legal form, address, and contact details. This information is used to identify companies in the system and to ensure that all transactions are properly recorded. 
  
  How to use it: 
  The commercial register can be accessed through the SAP SRD-FIN-GL FIN-General Ledger. It can be used to store and retrieve information about companies, such as their legal form, address, and contact details. This information can then be used to identify companies in the system and to ensure that all transactions are properly recorded. 
  
  Tips & Tricks: 
  When entering information into the commercial register, it is important to ensure that all data is accurate and up-to-date. This will help to ensure that all transactions are properly recorded and that companies can be identified correctly in the system. 
  
  Related Information: 
  The commercial register is closely related to other components of the SAP SRD-FIN-GL FIN-General Ledger, such as the accounts receivable and accounts payable modules. It is also related to other components of the SAP system, such as the customer master data module.