What is Special Purpose Ledger in SAP (FI-SL - Special Purpose Ledger)?

SAP Term: Special Purpose Ledger

• Component: FI-SL

• Component Name: Special Purpose Ledger

• Description: An application used for customer-defined ledgers containing information used for reporting purposes. The customer-defined ledger can be used as the general ledger or as a subledger and may contain the account assignments desired. The account assignments can be either SAP account assignments such as those used in Funds Management, or customer-defined account assignment elements. &EXAMPLE& SAP account assignment elements: account, business area, profit center Customer-defined account assignment element: region

AnswerBot for ERP

• Key Concepts: 
  The Special Purpose Ledger (SPL) is a component of the SAP Financial Accounting (FI-SL) module. It is a ledger that is used to record and track financial transactions that are not part of the general ledger. The SPL allows for the creation of separate ledgers for specific purposes, such as tracking customer payments, tracking inventory, or tracking fixed assets. 
  
  How to use it: 
  The SPL can be used to create separate ledgers for specific purposes. For example, a company may create a ledger to track customer payments, another ledger to track inventory, and another ledger to track fixed assets. Each ledger can be customized with different fields and settings to meet the company's specific needs. The SPL also allows for the creation of reports that can be used to analyze the data in each ledger. 
  
  Tips & Tricks: 
  When creating a new ledger in the SPL, it is important to make sure that all of the fields and settings are properly configured. This will ensure that all of the data is accurately recorded and tracked. Additionally, it is important to regularly review the reports generated by the SPL in order to ensure that all of the data is up-to-date and accurate. 
  
  Related Information: 
  The SPL is closely related to other components of the FI-SL module, such as General Ledger Accounting (G/L) and Accounts Payable (AP). Additionally, it can be used in conjunction with other SAP modules, such as Materials Management (MM) and Sales & Distribution (SD).