Assign chart of accounts to financial statement version
23 Oct 2012 Financial Statement Version (FSV) is a 'tree' that organizes and groups General Ledger Accounting, choose Financial Accounting -> General the structure maintenance) have to be assigned on the second hierarchy level You can define and display semantic tags, assign semantic tags to a financial statement version, and delete custom semantic tags General Ledger Accounting. 22 Dec 2009 Chapter 28 Financial Statements & Reporting
- The financial 3 Profit and Loss Item 4 Accounts Not Yet Assigned Formatting a Financial Statement; 3. Group Financial Statement Company Codes Chart of Accounts Group Chart of Planning Financial Statement Version Profit & Loss Statement 9 May 2014 Chart of accounts for to which you want to attach the FSV. General ledger accounts that are required to be assigned to the FSV. Use of FSV.
If you do not specify a chart of accounts, accounts from several charts of accounts can be assigned when the financial statement is defined. Group Account
This wiki provides the structure for creating a financial statement version in accordance with the principles outlined in note 1154817 Creating financial statement versions. Overview. Financial Statement Version (FSV) is a ‘tree’ that organizes and groups general ledger accounts. Financial statement version (fsv) is created to create balance sheet and profit and loss statement. You group your general ledger accounts under a fsv to get your desired balance sheet and profit and loss account. We can create number of financial statement versions for the chart of accounts, one for the local reporting, and one for parent reporting. In each version we can group the GL codes differently as required for the reporting purpose. We define FSV because we need to represent our balance sheet and profit and loss account in a particular manner Like Financial statement version & Chart of accounts used. Ideally financial statement version for ratio analysis should be the one which is assigned to financial statements. However you can create your own using OB59. Step3: Define Rows . In this step you assign the FS items or accounts to the rows so that once report is executed their output FICO Configuration for defining financial statement versions. Transactions OB58 or IMG Path - Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L Accounts -> Define Financial Statement Versions. 6. This financial statement version can then also be used by the notes to financial statement in the G/L account information system. 7. We can create our own financial versions. Give an ID and name. 8. We have to select from a specific chart of accounts. 9. One chart of account can have many FSV 10.
at either the Chart of Accounts or Company Code level. •. For new GL FSV: A General Ledger Account must be assigned to a Financial Statement. Version for
Assign financial statement version for depreciation areas. we can assign different financial statement version for depreciation areas. Choose save icon to save the data. Step 6: – Specify Document Type for Posting of Depreciation. SPRO > IMG > Financial accounting > Asset Accounting > Integration with General Ledger Accounting > Post Generally, there is some logic to the numbering of G/L accounts. Under this set up, best practice is to configure G/L number range assignments to the financial statement items within your financial statement version. This will allow the creation of new G/L master records without the need for maintenance of the financial statement version. Ron Sample Chart of Accounts for a Small Company. This is a partial listing of another sample chart of accounts. Note that each account is assigned a three-digit number followed by the account name. The first digit of the number signifies if it is an asset, liability, etc.
Obviously we can assign g/l accounts to items, but what about adding for example Domestic Revenue and Foreign Revenue under Revenue? Thanks. Thomas. #
If you do not specify a chart of accounts, accounts from several charts of accounts can be assigned when you define the financial statement. Enter this Indicator that specifies that the group account numbers should be assigned instead of the account numbers when you define the financial statement version. Enter this indicator as it makes Creating Financial Statement Versions . You can thus only assign accounts from this chart of accounts to your financial statement items. If you want to use accounts from multiple charts of accounts, leave this field blank. The screen appears in which you create your financial statement items and assign accounts to them. Financial statement versions helps to group all the related accounts to get the Balance sheet and Income statement for the purpose of reporting. SAP systems uses the financial statement version (FSV) that assigned to the company code when creating the balance sheet and P&L reports. Execute SAP Financial Statement. Finally, execute a financial statement using the new version you have just created. Go to transaction code F.01.Specify your financial statement version and corresponding chart of accounts in the selection screen and execute. We can create number of financial statement versions for the chart of accounts, one for the local reporting, and one for parent reporting. In each version we can group the GL codes differently as required for the reporting purpose. We define FSV because we need to represent our balance sheet and profit and loss account in a particular manner As a general ledger accountant, use the following apps to display semantic tags, assign semantic tags to a financial statement version, and delete custom semantic tags. Please note that you cannot delete delivered tags.
Group Account Number − Enter this Indicator that specifies that the group account numbers should be assigned instead of the account numbers when you define the financial statement version. Fun. Area Parameter − This indicator is used to make it possible to assign functional areas or accounts in the financial statement version.
9 May 2014 Chart of accounts for to which you want to attach the FSV. General ledger accounts that are required to be assigned to the FSV. Use of FSV. at either the Chart of Accounts or Company Code level. •. For new GL FSV: A General Ledger Account must be assigned to a Financial Statement. Version for In the chart of accounts index, you must enter the required group chart of accounts for each of the You can define a financial statement version by assigning [].
You can define and display semantic tags, assign semantic tags to a financial statement version, and delete custom semantic tags General Ledger Accounting. 22 Dec 2009 Chapter 28 Financial Statements & Reporting
- The financial 3 Profit and Loss Item 4 Accounts Not Yet Assigned Formatting a Financial Statement; 3. Group Financial Statement Company Codes Chart of Accounts Group Chart of Planning Financial Statement Version Profit & Loss Statement 9 May 2014 Chart of accounts for to which you want to attach the FSV. General ledger accounts that are required to be assigned to the FSV. Use of FSV. at either the Chart of Accounts or Company Code level. •. For new GL FSV: A General Ledger Account must be assigned to a Financial Statement. Version for In the chart of accounts index, you must enter the required group chart of accounts for each of the You can define a financial statement version by assigning [].