What is journal entry in SAP SRD-FIN-GL - FIN-General Ledger?

SAP Term: journal entry

• Component: SRD-FIN-GL

• Component Name: FIN-General Ledger

• Description: A record of a business transaction that leads to an entry in the general ledger and the affected subledgers. The journal entry represents the changes to values resulting from the business transaction. It consists of a header, which details a date and a description, and of line items, including their debit and credit accounts. The total debits must equal the credits.

Smart SAP Assistant

• Key Concepts: 
  A journal entry is a document used to record financial transactions in SAP's General Ledger (GL) component. It is a way to record multiple accounting transactions at once, and it is used to adjust the balances of the accounts in the GL. 
  
  How to use it: 
  To create a journal entry, you must first enter the document header information, such as the document type, company code, and fiscal year. Then you can enter the line items for the journal entry. Each line item must include an account number, debit or credit amount, and a description of the transaction. Once all of the line items have been entered, you can post the journal entry. 
  
  Tips & Tricks: 
  When creating a journal entry, it is important to make sure that the total debits equal the total credits. This ensures that your GL balances are accurate and up-to-date. Additionally, it is important to make sure that all of the line items are properly coded with the correct account numbers. 
  
  Related Information: 
  For more information on journal entries in SAP's General Ledger component, please refer to SAP Help documentation or contact your local SAP support team.