Cash Basis and Accrual Basis Profit & Loss Statement

Dear Experts
can we generate Cash basis and accrual basis Profit and loss statement ? if possible then let me know how can we do in SAP Business one 8.8
Regards
Rajani PAtel

Dear Rajani,
B1 has no supports for the statement you need. You have to create your own report.
Thanks,
Gordon

Similar Messages

How to calculate the previous year YTD balance in profit & loss statement

Dear all,
I would like to seek for advice on how to calculate the previous year YTD (Year to date) balance in profit & loss statement
For example, if I enter May 2009, the YTD value should be a sum up of value from Jan to May.
I have tried the current year YTD could be set in column selection dimension "financial period"
FACT PER( Code = YearFirst(@Per):@Per ) Order By PER.Code Descending
Then, I tried the previous year YTD in another column using
FACT PER( Code = YearFirst(@Per-12):@Per-12 ) Order By PER.Code Descending
But it failed -> Abnormally display three column, while the financial period I enter 200903 in parameter @Per
Would anyone kindly help me on that?
Regards,
Simon Chiu

Dear Jim,
Thanks for your reply.
However, the problems still cannot be solved.
My expected output is 1 column listing the YTD value from previous year.
I have tried two times using both the Code = YTD(@Per-12) and Code = YearFirst(@Per)-12:@Per respectively. However, the Excel display various column.
I am using Financial Period 200903. In the last three column, it display the data in Financial Period 200901, 200902 and 200903 respectively.
For the current year, the YTD is correct and show 1 column listing the sum of account in the Financial Period 200901, 200902 and 200903
Would you kindly advice the code setting and how to set? Also, how I can access the syntax builder?
Regards,
Simon Chiu

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)

Branch areawise profit & loss statement

Hi all please help me,
Suppose company A have their main branch in Kolkata and 2 other branch in Delhi & Mumbai.
Now if we want to see the profit and loss according to the branch wise what configuration we
Have to do. Please give me the step by step configuration details along with menu path.
Best Regards
Amitava
Moderator: Please, read and respect SDN rules

Hi Ravi......
I guess this is Newly created Accounts which is not updated in Financial Report Template of Profit and Loss.
Just go to Financials--> Financial Report Template and Select Profit and Loss in Dropdown and Create a New Template where all the accounts of Revenue and Exp. would come and this will be done simply by pressing Button Generate Chart of account at the bottom of the Financial Report Template screen.
Once you do this just run P&L Statement with this Template........
Regards,
Rahul

SALES Analysis and profit loss statment

Hi All ,
Dear Experts,
My Sales Analysis and profit loss statement Value is deferent . i want to know that which entry show in sales analysis and which entry show in profit loss statment .
Thanks & Regard
AREEBA ALI

Aree,
Both report are different. The sales analysis will use document of sales orders, delivery order, invoice and credit memo.
The P&L use journal entry of invoice and credit memo. Can you be more specific about the different ?
JimM

Both Cash based Accounting and Accrual based Accounting for Capital Exp

I have a requirement to generate both Cash based and Accrual based accounting for Capital Expenditure transactions. I am thinking of using Secondary Ledger for Cash Based accounting. I have never used secondary ledger or customization in SLA.
Can someone please let me know the steps to do this, or if this solution is going to work?
Regards
Sam

Hi Dewi
You will get message (warning):
Message no. KE107
Diagnosis
Operating concern XXXX is set up for both forms of Profitability Analysis (costing-based and account-based).
You have set an active indicator for only one form. Note that no data will be transferred to the form of Profitability Analysis that you did not activate. If this form is activated at a later point, the data posted up to that point will be missing.
You can change active flag (customizing request) any time.
Dejan

Wrong postings of profit, loss and write off values.

hi,
I am facing one problem when I am doing retirement by f-92 and ABAV. Profit, loss and loss made on asset retirement w/o revenue are not not going in their respective gl accounts defined in AO90 (Assign G/L Accounts.). The entry is going in contra account acquisition value / clearing a/c revenue from asset sale. When I see in the customizing I came to know that gl accounts for profit , loss and loss made on asset retirement w/o revenue is rightly defined in AO90 (Assign G/L Accounts) in customizing.
thanks & regards
Brijesh

Hi it should be posted on a P&L account, use Trans type 200 in ABAV

Profit & Loss, which table and field

Hi all
Anyone knows which table and field of profit & loss for every gl account?
Thanks in advance for any reply...
Regards
az

Hi,
Table name SKA1-chartof account level segment
SKB1-Company code level segmant
Go to SE11 enter the table name you can find the all field names
Bharathi

Project Code range on Profit & Loss Report

Forum,
Is there a system variable which can be added to the Profit & Loss Statement which will show selected project codes on the PLD.
Regards,
Juan

Hi Juan,
Simply click on Expanded Selection criteria and you will see the fields you want. Use them in your PLD.
OFLT WhsFrom1
OFLT WhsTo1
OFLT WhsFrom2
OFLT WhsTo2

Profit loss

Hi ALL,
We created purchase order for the item in which the G/L account is managed by Item Group.
In Item Group -->>Inventory Account is one of the Asset drawer Account.(material and Consumable),then created Invoice.
but when we are generating profit/Loss Statement ,it is not showing how much expenditure we did.against particular item or group ..
why and how to get those values`.
Thanks,
Neetu

Hi Neetu
You can use Purchase Account system under Basic Initialization, but only if you have not posted any entries yet. SAP Business One uses a Perpetual Inventory system and not Periodic by default. If you need to track purchases, and don't want to reimplement, you could use 2 freight charges, one for debit and one for credit against 2 G/L accounts to replicate the Purchase Account System.
Let me know if you are interested in setting this up and i will guide you. You can also look at the following thread:
Freight Charges
Kind regards
Peter Juby

Powerpivot calculation consistently results in #ERROR when using the following syntax =RELATED(Supertab[Profit loss])

Problem has arisen in Powerpivot and I have been religiously following the processes shown on numerous excel forum videos
I cannot see any difference between the syntax I submit and that submitted in the examples, yet I get errors all the time. Have I missed a step somewhere in the set up of PowerPivot. Give me a hint as I am going quietly bananas here.

Hi dfothers,
Assuming that you've correctly defined a relationship between the two tables and that Supertab[Profit loss] is on the 'many' side of the one-to-many relationship (this is the most likely scenario that you'd get an error with the formula you provided) you'll
need to apply an aggregation function to successfully pull the column into the table on the 'one' side of the relationship.
You could do this with the RELATEDTABLE function...
=SUMX(RELATEDTABLE(Supertab), Supertab[Profit loss])
...or with the CALCULATE function...
=CALCULATE(SUM(Supertab[Profit loss]))
If the relationship is in fact a one-to-one then one of the tables will still be on the 'many' side but you could use something similar to the following to return a non-aggregated value:
=CALCULATE(FIRSTNONBLANK(Supertab[Profit loss],1 ))
Regards,
Michael
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Website: nimblelearn.com, Blog:
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@nimblelearn

Migration to new GL and usage of cash basis accounting

Hi,
We are working in ECC6 enhancement pack 4 and are planning to migrate to new general ledger.
My understanding from note 1558185 is that since cash basis accounting requires the use of a parallel ledger, this functionality is available for new client with new installation in new GL and not not for existing client that are migrating to new GL.
Migration with scenario 4 5 7 8 is not yet adapted for cash basis ledger.
Is this correct ?
Kind Regards
Sophie

I could not see anything in note which prevents to maintain on cash basis in note 1558185
Usually the ledger are maintained on based on different types of valuation like IFRS, US GAAP, UK GAAP and IAS etc.
Whereas, cash and accrual basis is the way of accounting. Nothing will be prevented to post journals using FB50L.
But, how will you restrict the accrual documents raised through the transaction codes other than FB40L.
Question: Does all other companies / organisations will follow the cash accounting in your industry?

How to track the customer accruals, if the ar is on cash basis?

hi,
my clients wants his AR books to be maintained on cash basis, because of his business complusions. but at the same time , he wants to track the outstandings against his cutomers. he is also not ready to setup two SOB(one on cash basis and another on accrual basis), as he does not want to do the entry twice.
if sombody has faced a similiar problem/ have an idea how to go about it. please enlighten.

Let us first analyse the problem. The question has two parts. One is related to the business process and second one is related accounting.
Oracle Apps has two steps here:
1) Creation of invoice to recognize the sale
2) Receipt of cash against receivable
Client will follow both the steps, but he would like to pass only one accounting entry instead of two. The default accounts need to be defined appropriately and receivable account is not required in this case.
Aging analysis is done only for receivables and this is based on the accounting entry created at the time of invoicing. In our case we are not going to create invoice unless we receive cash against the sale.
But we can still monitor our customer dues based on the customer orders, which are shipped to the customer. We may need to create a separate report for this purpose and register this report in OA.

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.

Cash basis rather than accrual

We have a customer on 8.81 PL 07 that wants to know if they can do Financials on a cash basis rather than accrual?
Thanks in advance

Hi,
You may check this if you haven't yet: Re: Cash Basis Financial Statements
Thanks,
Gordon

Cash Basis and Accrual Basis Profit & Loss Statement

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