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This article describes the common business requirements, process and design.

The processes are covered within General Ledger process are :

• Maintain GL account
• Journal Entry
• Cash Journal
• Clear GL Account
• Reclassify Accounts Payable/ Accounts Receivable (AP/AR)
• Goods Receipt/ Invoice Receipt (GR/IR) Account Maintenance
• Foreign Exchange Revaluation
• General Ledger Period-End Closing
• General Ledger Year-End Closing
• Bank Reconciliation
• General Ledger Reporting

We will go deep into more information of each process next article.

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admin General Ledger Process Business Process, General Ledger, SAP, SAP FI