Project wise Profit & Loss account.

Dear All,
Our sales are routed through WBS Element and cost is booked against Cost Center. Our Management wants to see project wise Profit & Loss account. Any suggestions on deriving this??
Regards,
Mike.

Hi,
You can acheive this through Profitability Analysis by assigning WBS elements as one of the Characteristics,
since there could be more than one wbs element in a particular profit center.
Point 1:- WBS element profit or loss can be interpreted only when it has booked the cost as well as revenue in the same period
Point 2:- IF any thing for which cost or revenue alone is booked then that should not be considered as loss or gain.
Point 3 Profit center wise Balance sheet is possible where as WBS element is a part of profit center.
regards
N.Kumar

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Profit cente wise profit&loss account

Plz tell me profit center wise profit &loss account
tell me TC for this
Very urgent

Hi Kavitha,
I am not aware in which version you are working on.
But in ECC 6, there is standard SAP report which shows Financial statement per Profit center.
S_ALR_87009712
Let me know if you require any further details.
Kalyan
Assign points if useful

Can we take Balance sheet and profit & Loss account as per plant & Sales

Hi Team,
Can we take Balance sheet and profit & Loss account as per plant wise & sales office wise also.
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JKM

hi jkm
Hi
This can solve your issue could be helpful to you.
Go to this menu path for report painter
Accounting - Financial Accounting -Special Purpose Ledger - Tools - Report Painter - Report Writer - Report Group - Display
T code GR53, GR55
Enter the report group you want for b/s and p/l statement and choose execute and give the report group again and choose execute.
After that give the year, period from to, company code, fiscal year, ledger and plan version 01 and choose execute
Choose in front of the item Production Variances. The system displays the account to which the line items were posted. Material consumption is posted to account OEM Products Consumed.
To call up detailed data, double-click on account
In the dialog box, choose Actual Line Items for Table GLFUNCT, and then choose
To display the original document, simply double-click on it to call up the detailed data. In this case, the original document is a Materials Management document.
You document is listed under the FI-SL document number that you noted in the step Display Goods Issue Document. Select the Doc. info tab and simulate .
Select one of the items relevant for material consumption by double-clicking it. This should be item 002, 004, or 006.
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PCA Financial Statement (Profit/Loss Account and Balance Sheet)

Hi Experts,
I have the following question on preparing PCA Financial Statement (Profit/Loss Account and Balance Sheet), ECC6.0, with document splitting features.
Let say I started my business with the following GL accounts:
Bank A, USD6,000
Bank B, USD4,000
Capital, USD10,000
My company does have 2 departments (cost centers), and the above Balance Sheet GLs, cannot be identified / separated in the cost centers level. My cost centers to profit centers is one-to-one, which are cost center A = profit center A, and cost center B = profit center B
I have Sales to customer of USD12,000, and Receipts from customer is USD7,000 at Bank B, therefore (customer balance is USD5,000).
I have also expenses:
Expense A: USD1,000 (cost center A)
Expense B: USD800 (cost center B)
Double entry for expense is Dr Expense, Credit Vendor.
I paid 50% of each of the expenses using Bank A, which are: expense A, paid: USD500; expense B, paid: USD400
My Financial statement without profit center should be as follows:
P/L Account:
Sales, USD12,000
Expenses, USD1,800
Profit: USD10200
Balance Sheet:
Bank A: USD5,100
Bank B: USD11,000
Customer: USD5,000
Vendor: USD900
Profit: USD10,200
Capital: USD10,000
Question:
How can I report the above financial statement into PCA level, which are Profit center A and Profit center B?
Note: I can't hardly separate Bank account, Sales (revenue) into Profit center level (Assuming I am only using FICO module, No SD/MM Module).
I can't use FAGL3KEH to differentiate the Bank Account.
During data entry for revenue, I can't have valid reason the revenue belongs to which profit center.
Kindly advise on is there any way (with logical reason) to make financial statement into profit center level.
THANKS IN ADVANCE.
Sbmel.

Basically You/Business need to Identify the need for Profit center wise Balancesheet is required or not? If Balance sheet at Profit center level is required then whether they have to decide whether can seggeregate every account balance to a profit center is possible or not? In other words on a cut over date you should have a Profit center wise Trail balance in place. Once it is in place rest all is possible.
What I can understand from your question is how to identify Gl balances against profit centers foor balance sheet Items. If it is not possible then you can create a corporate profit center and post all transactions to that profit center.
When comes to cash / Bank/Customer/vendor balances the system Identifies the item belongs to whihc profit center and in case cross profit cneter transactions are involved the system uses the "ZERO BALANCE CLEARING" account as an intermediate account for posting the data. By this one profit center will be Dr. and other will be in Cr as far as ZERO BALANCE ACCOUNT" is concerned and at company code level this GL balance is always ZERO.

Monthly Profit & Loss Account

Hi Guru's,
I have executed Balance sheet & Profit & Loss Month wise in F.01, but in that report Retained earnings value is not flowing, Do i need to update balance carry forward balance for every month (FAGLGVTR - Balance Carryforward ). please advice me.
<< Please do not offer points >>
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Edited by: Rob Burbank on Sep 7, 2010 12:28 PM

Hi,
The difference between Source of Funds & Application of Fund is Profit & Loss Account (Retained Earnings Account) and that is correct.
If you sum up all your P&L accounts, the fugire will be same as this difference.
FAGLGVTR carry forward the balance to the next fiscal year and not to the next period, so it has to be run only at year end and not month end.
During the year, all the P&L account will remain in the same account and thus shown as a difference in Source of Funds & Application of Fund. Only at year end, P&L accounts gets transferred to retained earning account.
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Purchasing value & balance **** account & Profit & loss account tally

Dear sir
please help me that my queries are that purchasing value, consumption value should be matched with balance **** account & profit & loss account, if not matched how amount differe , i need T ocde for using price difference account
I need Report T code that i will be able to tally MM entry & FI entry
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Hi
Stock account currency shows the inventory GL account balance which will be maininted by FI persons: It is same as material currency if there are no adjustments.
Ex: When you are doing GR for 10 quantity @ 10rs,
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Material currency 100 stock currency 110 variance 10. Without any material movements material account currency will not be changed but through external postings we can change GL account balance.
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Balance Sheet and Profit Loss Account for Statutory Reporting

Hi,
For a company which is based in Vietnam, it is required that Balance Sheet and Profit Loss Account is reported in the Local Language Vietnamese.
Is it possible to make such setting using the Country Specific Chart of Accounts ?
Regards

Hi,
This answer is Yes, it is possible.
Kind regards,
John Chin

Profit & Loss account Statement Transaction Code

Is there any separate report T code for Profit & Loss account Statement .
Moderator: Please, avoid asking basic questions

New GL- S_PL0_86000028
classic gl - F.01
and some other imp tcode for trial balance, balance sheet as follows
Balance sheet and P/L Account
S_ALR_87012249 - Actual/Actual Comparison for Year
S_ALR_87012250 - Half-Year Actual/Actual Comparison
GL account balances
S_ALR_87012279 - Structured Account Balances
T-Code S_ALR_87012277 (Pgm RFSSLD00)
T-Code S_ALR_87012301 (Pgm RFSUSA00)
And Try below reports also, which will be usefull to you in GL, AR, and AP.
F.97, F.98, and F.99.
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Profit center wise Balance sheet & profit & loss account

HI, Expert
we are currently using ecc 5.0 and New gl & document spilting is not active i want to see profit & loss & Balance sheet profit center wise . how can i see the report & what are the cofiguration changes need
Regards
gk

Hi
Same as in 4.7EE and earlier versions ...
Create FSV- Financial Statement Version and use TCODE: F.01 to get the reports.
Also, use the RP/RW for the same.
VVR

Profit & loss account & B&S

Can U tell me which t code in ecc 6 business area area wise profit and loss account & B&S AND profit center wise profit and loss account & balance sheet which t code using in sap

Hello,
Make sure
1. you have enabled business are balance sheet OBY6
2. completed FSV at OB58
3. You can see your P&L and BS at F.01
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PROFIT & LOSS ACCOUNT CONFIGURATION

Hi all.......
I want to create Profit & Loss A/C. Through FSV I have created Balance Sheet.
Can anyone please help me regarding the configuration steps of Profit & Loss A/C.
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Amitava Saha
Moderator: Please, avoid asking basic questions and don't use CAPITAL letters in titles

New GL- S_PL0_86000028
classic gl - F.01
and some other imp tcode for trial balance, balance sheet as follows
Balance sheet and P/L Account
S_ALR_87012249 - Actual/Actual Comparison for Year
S_ALR_87012250 - Half-Year Actual/Actual Comparison
GL account balances
S_ALR_87012279 - Structured Account Balances
T-Code S_ALR_87012277 (Pgm RFSSLD00)
T-Code S_ALR_87012301 (Pgm RFSUSA00)
And Try below reports also, which will be usefull to you in GL, AR, and AP.
F.97, F.98, and F.99.
Hope this will help you.

No need of the Profit/Loss account in asset sale

Hi friends,
When I sale the asset, it would be generated the below entries:
001 01       (0015006599 WIPRO LTD                )                   20,000.00 ;
002 50       (0031000040 Sales Of Assets        )                   20,000.00-
003 75       (0020000070 001042170010 0000 )                   20,000.00-
004 70       (0012000070 001042170010 0000 )                      2,000.00
005 40       (0031000040 Sales Of Assets         )                    20,000.00
006 50       (0033100010 Prof Sale Of F.Asst ;   )                      2,000.00-
But, my client wants to no need of the profit/loss of asset accounts.
User expected the below entry.
001 01       (0015006599 WIPRO LTD                  )                       20,000.00
002 50       (0031000040 Sales Of Assets          )                       20,000.00-
003 75       (0020000070 001042170010 0000    )                       20,000.00-
005 40       (0031000040 Sales Of Assets           )                       20,000.00
Please suggest the how to change the setting.
Thanks,
Chandra.
Edited by: Chandra on Nov 20, 2010 12:05 PM

Ask your user to follow a course book keeping!!!!
003 75 (0020000070 001042170010 0000 ) 20,000.00-
004 70 (0012000070 001042170010 0000 ) 2,000.00
The net Book value was 18.000
003 75 (0020000070 001042170010 0000 ) 20,000.00-
Now you post 20.000
There is still a net book value from 2.000 on the asset but it is sold!!
In your depreciation key is a period control rule there you found the basis when the depreciation stops for an asset with sales. This is working in combination with asset value date in your posting. (then perhaps the 2.000 depreciation is posted in the comming periods)

Profit & loss accounts only in BSIS ?

Hi,
postings on a loss account are usually not 'open item managed'.
Can i start from the assumption that accounts that are not 'open item managed' only have entries in the BSIS table and no entries in BSAS ?
Thanks,
Rolf

I think the point is that because these accounts are not "open item managed", they can never be cleared. I'm not sure which table they will be in (BSIS or BSAS), but they will only be in one.
Unless an account is changed from "not open item managed" to "open item managed"; in this case, the account can be in both tables. SAP supplies a standard program to help out in this case.
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Profit & loss account & Balance sheet

Hi Gurus,
Please Provide me Proforma of Profit & loss a/c & Balance sheet in income tax act 1956.
Regards
Kiran

hi
Kindly check the below link it might be useful for you
http://www.nabard.org/pdf/2005-06/eng_con_bs.pdf
Thanks & Regards
Phaneendra

Regarding profit center wise balance sheet , profit & loss account

dear all
here my client is having more than 200 legal entities. All leagal entities do activies like
1) separate share capital legal entity wise
2) separte assets legal entity wise
3) IT returns legal entity wise
4) fund transfer B/W legal entities.
like they are maintaining separatly. We have decided to treat each entity as a profit centre. We are aware of the fact that profit centre is only used for internal purpose. But in order to reduce the load of master data we have decided to go with it .
Now my question is
weather profit centre will fulfill all the statutory requirement for a legal entity ?
Regards
Babu K

You can configure new GL accounting for your client. Activate Document splitting at profit center level to get complete set of financial statements at profit center level.
Regards,
Prasad

Project wise Profit & Loss account.

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