Closing Stock in Profit and Loss A/C

Hi Experts,
I have an issue regarding Closing Stock Which is normally followed in Indian Accounting System . This Closing Account is Sum of Raw Materials, Finished Goods, Work In Progress. But unfortunately B1 does not maintain two different accounts for Raw Materials and Finished Goods . Same Inventory Account is followed and effected for both of them . Our need is to track two different G/L Accounts , One for Finished Goods and one For Finished Goods . All the Transactions such as GRPO, A/P Invoice should effect Raw Materials Account and Transactions such as receipt from production and Sales transactions should effect Finished Goods A/C . seperately. Currently in both the cases same Account i.e Inventory account is only effected .
Moreover We need to have Closing Stock Balance (Raw Materials + WIP+Finished Goods) at Income Side of Profit and Loss Report .
Plz provide me some suggestions and guidance for how to resolve this issue.
Thanks in Advance.

Hi Pooja,
Can u try the following and see if it works...
Create 2 different accounts,, and create 2 different warehouses link each account to each warehouse... and use one warehouse for Raw materials and the other for Finished goods.
Hope it helps,
Vasu Natari.

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Profit and Loss Report

Hi !
I need your helps and views regarding Profit and Loss Template.
In SAP B1 2007B we have P n L which will have Sales Accounts and Expense Acc (Cost of Goods Sold Acc's ).
I want a P n L like, it should show
Opening Balance of Inventory for the Period
Purchase Value of Inventory for the Period
Sales Revenue for the Period
Closing Stock Value for the Period
If u need more clarification please let me know.

Hi!
Kevin, Basically this P n L Format is for a Trader. He wants his Inventory Values like Opening Balances, Purchases, Sales and Closing Balances of Inventory.
This is some thing coming in Tally Software. I too struggled a lot like bringing offset acc in p n l like tht. But nothing gives me a correct results.
I have also posted this to LPE and also started to customize a query report.
if, i get any reply from SAP, i will update here.
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Balance Sheet Account saved as Profit and Loss Account now wants to rectify

Dear All,
Balance Sheet account wrongly created as profit and loss account, and it contains some entries in previous year and current year as well.
Now we want to rectify that error i.e. we would like to change the profit and loss account as balance sheet account (which is to be as Balance Sheet A/c.).
There is a program which is exclusively available for the same which converts profit and loss account to balance sheet account. If you know pl. let me know.
Waiting for your early response and thanks in advance.
Regards
anand.inguva

Hi ,
earliar also i have given same quation replay, possiblity is there for change GL account type.
When you tray to can change to Balance sheet account from FS00 screen u can get following error message
"Cannot change control of Profit and lossaccount (primary cost elements exist)
"The data contains error, you cannot save"
and if u open that message u can get the following message no.
"The data contains error, you cannot save
Message no. FH511"
it can not be save. so u comeback from fs00 screen
go to OBA5 and give the application are FH and enter, after that select new entries, select the drop down button select your message 511, in online column select W for warning and save.
then u can get the change.
please ensure that if you have not completed the year ending closing procedure the above shoul do..
but your case last year also some entries thre in that particular GL account, so u can not do the above method.
You cannot change the account type.
you need to block that gl account and crete a new GL
pass journals entries to transfer from old p&l gl account to new b/s account
please try it and come back me
assign points if it is useful,
If u find the solution close the issue and assign points.
thanks
sai Krishna

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.

Profit and Loss Report - Display In Smartforms

Hi Experts,
I have to convert the output of Profit and Loss report (Tcode - S_PL0_86000028) to smartforms. I would like to know the tables/clusters where the data can be found out.
Regards,
Abdullah

Hi Neetu
SAP Business One use a continuous (perpetual) inventory system. Under Administration > System Initialization > Company Details > Basic Initialization TAB > Use Perpetual Inventory will be ticked indicating that you are using continuous stock. You also have the option of using the Purchase Accounts system. This allows you to create 2 extra G/L accounts under the Income & Expenditure section to see the purchases expense. These 2 options can only be selected or changed before any transactions are posted.
If you really need the above changed, your only option is to restart with a new database.
Let me know if you need further guidance on the above.
Kind regards
Peter Juby

Business area wise profit and loss account urgent

dear all
According to business scenario we are going here purchase is made for business area AA purchase account is assigned to this business araea
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purchase one R/M for business area AA and it is manufactured in two different business areas for production.say two different businesses A1 manufacturing bricks & A2 is manufacturing of Tails.
MIGO - They purchase R/M cement GL account 800000 at company code level Rs. 2000 and units 10 business area is AA
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EX:- For A1 Rs 600 & 3 units
For A2 Rs 1400 & 7 units
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According to business scenario is the purchase is done in one business area AA then by goods issue it is issued to two different business areas.
according to above example.
please tell me what is the JV i want to pass to tally business area wise profit and loss account ro
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regards
babu

It's possible in 4.7 and earlier, but not using the FI transactions. Most places would build these in the report painter/writer, or in KE80.

Profit and loss account business area wise

dear all
i heve problem with business area wise balance sheet please correct me
according to client requirement they want only p&L account business area wise
two different profit and loss accounts for two different business areas
plese confirm me
1)if i select check box in obyc business area wise balance sheet, it is only possible to maintain business area wise B/S and PL account
we can display both BS and PL ACCOUNT
if i select check box in obyc it is not possible to maintain only P&L (IF I select this check box it is mandatory to assign business areas to all line items BS & PL account)
here it is not possible to assign business areas only to profit and loss account line items if i assign also it is problem with balance adjustment run.
CONCLUSION
2) it is possible to assign only p&L account line items business area
But in oby6 if i did not select business area wise balance sheet
then you could able to assign business area to profit and loss account line items (Revenue and expenditure)
there is no need of balance sheet readjustment and balance sheet run
for discount and taxes we can make FSG as optional then every month readjustment
please confirm me
regards
babu

dear all
if select in obyc business area wise balance sheet and profit and loss accout it is not possible to generate only porfit and loss account. they want balance sheet assign ment for profit and loss account line items.
they want to maintain balance sheet line items without assign ment
so plese confirm me is it possible to generate profit and loss account in obyc without selecting business area wise profit and loss account.
if i maintain P&L account without selecting check box in obyc what are the challancges in respective of taxes and discoutn which line items generate automatically.
plese confirm me
regards
babu

How to Write Profit and Loss Query in SQL

Hello,
i want to write sql query for profit and loss account, how i ll manage the tree in query.
i.e
*Assets
************current assets
************ Trade debtors
************ ************ Trade debtors domestic
************non- current assets
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************ ************ Owned Fixed Assets
can anyone guid me to write the query
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Edited by: Rahil Hassan on Jun 13, 2009 10:03 AM

Hi,
Could you please re-phrase your question? As the report painter is a reporting tool I assume you want to report on P&L accounts and not u201Ccreateu201D them. A few more details on what you intend to report would be useful.
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Karl

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We control our Gross Margins and Costs by expressing every Profit and Loss item as a percentage of the Total Sales. So our Total Sales is 100%. So everything is divided by the 100% to calculate a Percentage. So for example a Gross margin is 45% (Of the 100%). Advertising Cost is 15% of Total Sales. Net Profit may be 4% etc. My question is if anybody knows if such report exisits in SAP b1. as a Standard or how can I achieve this?
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Telephone                         $    200       2%
Admin                               $ 1600     16%
Overheads                         $    800       8%
Net Profit                           $     400        4%
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Robert

Hi Robert,
I had the exact same question as you did in regards to adding a percentage to the P&L Statement. I found using the XL Reporter to be fairly simple and straight-forward. Below is a link to the SAP documentation on how to create a P&L using the XL Reporter. From there I just modified it a bit to add a column with the corresponding percentages.
https://websmp110.sap-ag.de/~sapidb/011000358700001160462006E.pdf
Hopefully, this helps anybody else that's looking to add percentages to the P&L.
Thanks,
Amanda

Profit Center Wise Profit and Loss and Balancesheet.

Hi,
Can anyone tell me how to derive the profit and loss account and balancesheet profit center wise.

F.01 is the T code for you .
Provide the profit center in the dynamic selection menu for profit center .
Cheers ,
Dewang

Classification of line items into the Detailed Profit and Loss report

Hi,
Given a line item in a profit and loss ledger, what field determines that the line item will appear under Fixed Manufacturing Costs, Sales and Distribution or General Admin Expenses when we generate the Detailed Profit and Loss report?
Thank you

Hi all,
Thank you so much for everyone's quick reply. I really appreciate it.
Please allow me to clarify my question.
I have a balance of 3,712,126.60 in my GL 30000000. In my detailed Profit and Loss (ZPL-002), 705,712.90 is shown under Gen. Operating Exp. while 3,006,413.70 is shown under Fixed Manufacturing Costs.
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Profit and loss of the sales of my top 100 customers

Hi,
I would like to have a query in SAP BW which delivers me the following information:
the profit and loss of the sales of my top 100 customers (customers with the highest sales per month). So basically I would like to compare the sales from these customers of the current month to the previous month.
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hi,
u can compare values by creating restricted 2 RKFs.
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so it will give u sales price for previous month(if u ente current month in selection screen)...
take customer in rows and these RKFs in columns(in structure).
later use condition to display top 100 customers..
hope this helps..
pl dont foget to assign points to helpful answers....thats the way to say thanks here.
regards

Profit and Loss Product wise, Customer wise

Hi Gurus,
How to generate Profit and loss Product wise and customer wise.
Product wise - Product cost, sales and Net profit from product
Customer wise - Product cost sold (COGS) and sales, net profit from customer.
Please advise.

F.01 is the T code for you .
Provide the profit center in the dynamic selection menu for profit center .
Cheers ,
Dewang

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Dear All
I SAP Profit and loss statment PLS below sequence , want to change sequence of 3 and 4 in pld report
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1-Turn Over
2-Cost Of Sale
3-Operation Cost
4-Gross Proft
5-NON-Operation Cost
6-Profit Period
Regards,
MHI

hi,
pls follow this steps.
1. open Profit & Loss Statement report
2. press the pencil icon in the menu bar (THis will open PLD window)
3. save it under a new name (this practice will prevent you to accidentally change the working PLD)
4. enterchange the location of the fields from your PLD
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regards,
Fidel

All about PnL[Profit and Loss] and SGA[Sales Growth analysis]

hello SDN.
I have just joined a consumer goods MNC as an executive trainee working on SAP BI.
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I do not want the SAP technical points.
I need the core business explanation for these topics.
Why are they needed and what role they play at the management level, etc...
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Hi,
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Closing Stock in Profit and Loss A/C

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