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

Similar Messages

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.
Regards
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.
Choose enter go back and cost of sales appear now switch to your first session.
kind regards
Arman
sap fico

Difference between business area balance sheet and profit centre accounting

Hi all,
I want to know what are the differences between business area balance sheet and profit centre accounting.
Please tell the merits and demerits of both.
If, I want to get plant-wise profitability of a company then which method is more recommendable and why?
Regards,
Charu Mahawar

hi,
look to that interesting thread:
Re: Business Area Vs Profit Center
Andreas
pls reward useful answers
Thank you !

What are the data sources for 0FIGL_V10 cube Balance Sheet and Profit& Loss

What are the data sources for 0FIGL_V10 (G/L (New): Balance Sheet and Profit and Loss) cube. and whether we can install business content regarding this.
Please help me out.
thanks,
sapsdnhelp

Hi,
Check this:-------
Urgent: Relevant Master Data Data Sources for FI-GL & FI-AP
http://help.sap.com/saphelp_nw04/helpdata/en/04/47a46e4e81ab4281bfb3bbd14825ca/frameset.htm
Regards,
Suman
Edited by: Suman Chakravarthy on Sep 28, 2011 7:33 AM

Balance sheet and Profit & Loss reports

Hi all
I need some help with the Balance sheet and Profit and Loss statement, I created new fields on both repors to hide the "ZAR" and round the amount fields to 2 decimal places.
But when ever I print preview the report I get this error :-
23/03/2010 10:47:19: Printing Error:This operation is not supported for this data type (RPT -6716) (Field: F_104) Method: Amount DataType: Variant [Message 200-38]
Thanks
Bongani Dlamini

Hi All
The report is not underlining the sub totals and totals like it was before on the original system report.
Is there a way of making it underline?
Rgds
Bongani Dlamini

Drawers in Chart of Accounts - are they Balance Sheet and Profit & Loss?

We have a customer who is using a Chinese localisation Company database.
When they created the new database, they found that there are only 6 Drawers in the Chart of Accounts. This is different from other localisations where we have 8 Drawers.
We are trying to find out which Drawers are for the Balance Sheet Report and which Drawers are for the Profit and Loss Report.
In the other localisations, the first 3 Drawers are for the Balance Sheet Report and the Drawers 4 to 8 are for the Profit and Loss Report.
Please can anyone help us.
Thank you
Dawn Parker
Intelligent Information Systems

Gordon
Thanks for the info.
There doesn't seem to be a Revenue or Turnover section. Is the Costs section like Cost of Sales or Overheads?
What is the P&L section?
Do you have any contacts in SAP China who would be able to help further? I have not been able to get any info from the Local Product Expert listed in the Channel Partner Portal, even though I have sent several emails.
Thanks
Dawn

Balance Sheet and Profit Loss Statement

Hello everybody,
i have an issue concerning the transaction f.01 meaning the displayed data.
when i start the transaction i enter the needed data for display, screenshots on [www.prikorai.puslapiai.lt/laurio/sap/]
and then the data displayed isnt showed right.
what i mean is that i.e.
Reporting period (01.2008 - 07.2008) shows ammount of 139.904,77, whereas it should be shown as
Comparison period (07.2008 - 07.2008) shows 365.218,20
this kind of data anomaly isnt in all places but it appears
Best Regards
Laurynas Prikockis

What i ment is that when the report is generated some of the ammounts dont match.
as an example i wrote about the reporting and comparison periods. in one period (comparison) an ammount is shown right (as in GL Account) whereas the reporting period doenst show right numbers.
take a look at the attacht URL. youl find there a MS Word document which shows the start of the TC and data entered, the second screen shows the difference between compared periods.
those periods were;
REPORTING PERIOD and COMPARISON PERIOD,
the date for these were
REPORTING PERIOD (01.2008 - 07.2008) and
COMPARISON PERIOD (07.2008 - 07.2008),
if i am right this kind of selection should result me equal numbers in each of the periods. (THE DIFFERENCE should be = 0)

Profit Center wise balance sheet and Profit and Loss account

Hi Experts,
I will explain my scenario
The is cleint having Head Office for handling procurement of goods for all branches(8) and the physical delivery happens for goods at the requested branch and GR and IR also makin at the branch level.
And we are treated each branch as profit center apart from HO(profit center).But the vendor payment should be happen from HO(prfoit center) so and they are not using automatic payment programme.
My question is
1.While doing the vendor (Branch)payment from Cash/Bank GL (HO) how the balances will be tallied ?
2.If I am using the document splitting and zero balance document clearing will it tally at the profit center level ?
3.At the period end if I will do the 1KEK T Code to transfer the payables to the profit center which profit center system will take for posting ?
Please advice me in this and I will give good points with correct answer.

Hi Edukondalu Garu,
Please find answers to your questions below:
1.While doing the vendor (Branch)payment from Cash/Bank GL (HO) how the balances will be tallied ?
Answer: The Profit Center balances will get automatically tallied due to document splitting and Zero balance account being defined properly. The automatically identifies it
2.If I am using the document splitting and zero balance document clearing will it tally at the profit center level ?
Answer: Yes that is the main criteria to get full fledged Balance sheet and P&L account by Profit Center
3.At the period end if I will do the 1KEK T Code to transfer the payables to the profit center which profit center system will take for posting ?
Anwer: With Document Splitting, you don't have to do the period end transaction in PC to transfer the account payables, accouts receivables and fixed assets. The transfer is online and real time basis.
I hope i answered all your questions.
Please feel free to get in touch with me if you need futher clarifications
Best Regards
Surya

Configration steps for business area wise balance sheet and p&L accounts

dear all
sinario is two business areas say A and B for diffternt two products in one company code which is already running with different business .
please any one tell me what are the configrations for business area wise balance sheet and profit and loss account.
what are the steps required and for configration and when enduser come into picture acceptance test is reqired.
plese inform me which are the steps required to test enduser test for business area wise balance sheet and profit and loss account
regards
babu

Hello
No seperate screen available for BA set up.
Follow the IMG, enterprsie structure, define and assign set ups.
Assign to SO / Plant /
Create cost elements and assign cost centers for each business areas.
Create clearing accounts for readjustments in BS and PL, and execute BA pl and bs adjustment programs for taxes, GRIR and some accounts, where BA is not populated.
Now you would get seperate BS for each BA
Reg
assign points if useful
dear all
sinario is two business areas say A and B for diffternt two products in one company code which is already running with different business .
please any one tell me what are the configrations for business area wise balance sheet and profit and loss account.
what are the steps required and for configration and when enduser come into picture acceptance test is reqired.
plese inform me which are the steps required to test enduser test for business area wise balance sheet and profit and loss account
regards
babu

3KEH? Additional balance sheet and P&L accounts EC-PCA

Hi experts,
I have a question concerning transaction/funcionality 3KEH (Choose Additional Balance Sheet and P&L Accounts).
Can you explain me in generall which accounts you should maintain here and which not?
It's clear that some P&L accounts, for which no cost element exists (e.g. taxes) can be connected with a specific profit center.
Question: if not all other p&l accounts should be posted on the dummy profit center?
I am especially interested in MM (accounts). do we have to maintain these accounts (OBYC - BSX) here? I Think the profit center is connected via material?
which accounts do you maintain here?
Thanks a lot in advance
Butch

Hi Eli,
thanks for your answer.
"All B/S accounts that you want to be managed in PCA tables". Does that mean if we want to manage the B/S accounts for materials, we have to maintain them there with the Dummy profit center?
otherwise the B/S material accounts are not shown in PCA?
in general we want to manage all B/S accounts in PCA to report the segments with full balance sheet and P&L.
thanks
Butch

Adding Custom 1 dimension to all Balance Sheet and all PL accounts

We added the Custom 1 dimension to all Balance Sheet and all PL accounts. Previously we only had a the Custom 1 dimension added to a few PL accounts.
Now it takes a very long time to consolidate and we are getting warnings in the log files as follows:
One example:
The Node cube Scenario = Actual, 1, Year = 2009 2009, Entity = MS_UKD 589, InputValueID = USD 17, contains 110182 records
We are consolidating a month that does not have any data in the product lines for the accounts where the product lines were added.
Is this slowness in consolidation to be expected when doing this?
Is there any rule or best practice to adding the custom 1 dimension to a volume of accounts?
Thanks!

Essentially, customs are more like sub-accounts than extra dimensions. The warning you got is not new, but this may be the first time you've noticed it. The node is a subcube that must be completely loaded to RAM on the server to do the consolidations. Take your accounts and multiply by custom 1 to see how many additional records are going into the sub cube (2797 x 232 = 648,904). You may want to have your DBA watch the server as you consolidate to see how many resources are being used and if he/she can tweak some settings to help out.
That being said, my system has 6000 accounts, 2500 custom 1, and 1000 custom 2, but only 600 entities total in 3 hierarchies. Our full consolidation takes an hour, but doing only impacted for the current month takes about 20 minutes.

Balance sheet and profit center

Dear Forum,
1) Not all balance sheet require profit center. correct? Only vendor, customer, material, asset only?
2) Why vendor also require profit center?
3) May I know why balance sheet items require profit center? Normally p&l items with profit center which deriving from cost center.
Need advice.
Thanks

Hi dear,
Earlier SAP was using business area. But it was not able to derive correct balance sheet.
So to resolve this new gl is implemented. It has a unique feature of Balancing GL. Here when the debit and credit line items has different profit center, it creates a additional line items with apposite effect to profit center. So u r profit center wise balance sheet always tally.
Basically all expenses are related to cost and hence they are recorded in cost center. If you ask me before coming to sap I use to use profit center to group cost center for internal reporting. But sap derives profit center balance sheet where expense comes from cost center to profit center and balance sheet accounts are assigned to profit center.
Regards

Balance Sheet and Profit and Loss

Dear experts,
I've posted a thread just like this but I've closed it, because the info needed changed. Now I open this one so it will be easier to follow.
I need to extract data from tables BKPF and BSEG. So I thought in extractor 0FI_GL_4. This means I need an ODS so I can use delta extraction. Rasim suggested ODS 0FIGL_O02. (Thanks for your quick answer)
Basically I need a few reports, Profit and loss, and Balance. This reports work with a structure that groups certain accounts to get the right value. How can I load this structure in BW? Or I need to create my own hierarchy?
Also, this reports in R3 are working with a special fiscal variant according to the client. What they need is to see this reports with fiscal variant K4. I thought to modify the update rules in BW so that the fiscal period gets filled according to the "Posting date in the document" (field BUDAT in R3).
Does anyone thinks this will work? Any other ideas?
Best Regards,
Rodrigo.

How can I know if there is a GL Account Hierarchy? - Ask ur functional guy - check 0GL_ACCOUNT_T011_HIER datasource in RSA3 if they have std hierarchies
Also I'd like know if with extractor 0FI_GL_4 I will be able to create a balance sheet with cumulated values and period values, and also create the profit and loss report. It will be enough with this extractor? - if you are looking for cumulated balances - use 0FI_GL_6. check the link below for financial statements
http://help.sap.com/saphelp_bw33/helpdata/en/6e/ff703b3de59e4fe10000000a114084/frameset.htm
I want to fill fiscal period with posting document because in R3 the balance uses a fiscal variant different from k4, and they want to see it with k4. So I thought in filling the period with the posting document date.
The period is determined from posting date only - unless it is a special period - 13,14,15,16 - that has to be manually updated while creating a FI doc.So you can go ahead and map the posting period - to either fiscalyear/period or posting date. They both are one and the same.

Plant wise Balance Sheet and Profit and Loss report generation

Hi,
Can any one please give me the configuration steps for generating plant wise P&L stat and B/S.
The client has a single company code with 5 plants and wants to generate the statements plant wise.
Thank u,
Regards,
SP.

Hi,
I SAP we can draw the B/S and P&L on company code and Business area. and from ECC6.0 on profit center.
We can not draw B/S and P&L on Plant. So is your r on Ecc 6.0 and above define profit center for each plant and then u can draw B/S and P&L on plant.
And if below Ecc 5.0 define business for each plant and u can have B/S and P&L .
Hope this is clear , assign the points.
With regards
Krishna Singareddy

Business Area wise Balance sheet and P&L display

Hello SAP Gurus
Can anybody tell me how to configure to view, balance sheet and Profit & Loss as per business area?
Regards,
Abhijit Walke

It is a misconception that Business Areas are not recommended by SAP.
Business Areas and Profit Centres serve two different purposes and Profit Centres are NOT a replacement for BAs nor vice-versa.
We have just implemented ECC 6.0 using Business Areas and there was no indication at any stage neither from SAP nor its consultants that BAs will not be supported. There is no SAP written document that these will not be supported and if there is, I would be interested to look at it.
As for config, you may want to follow this link for details:
http://help.sap.com/saphelp_erp60_sp/helpdata/en/5f/1fb0274aee11d189740000e8322d00/frameset.htm
Cheers.

Balance Sheet and Profit Loss Account for Statutory Reporting

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