Maintaining multi company balance sheets and P&L with Diff Accounting rules

can we maintain multi company balance sheets and P&L with Diff Accounting rules in SAP.
Can SAP support multi currency balance sheets

You're welcome!
Read the SAP Best Practice guides:
http://help.sap.com/bp_bblibrary/600/BBlibrary_start.htm
Filter by Industry and Country.
Depending on your country/industry these documents will help outline the best practices for implementing the various modules.  Clicking on the links on the right launches a new window, and you access config guides in there.

Similar Messages

  • Hi Balance sheet and P&L project wise in case of joint venture.

    Hi Gurus,
    One of my client undertakes different projects like roads, building, bridge etc. with joint venture agreement.
    Now he wants balance sheet and P&L with each project wise in case of joint venture.
    In sap which module fulfill this requirement or Project systems will fulfill this requirement or not.
    suggest me.
    Regards
    Sreenivas.P

    Hi,
    Joint Venture Accounting is used when you have atleast two partners - one is Operating and another is Not Operating. They share the risk and revenues. You can then create a JV Agreement using GJAA and Joint Venture Partners under this agreement using GJVV. Further you need to create Equity Group defining their profit sharing ratio.
    JVA could be a solution for you since here you can get a report for each JV serparately. You can also use Cutback procedure to claim expenses from the non-operating partners.
    However Project System is used for monitoring and executing projects with Budget controls and so on. You can integrate both PS and JVA for your solution.
    Regards,
    Sanjay

  • Trading Parner Not Inherited to Cross Company Balance Sheet Line item

    Hi,
    I posted cross company document using document type that is already untick in field 'inter-company posting' and 'enter tpid'.
    My accounting entries is as per below:
       Co1000   Cr Balance Sheet   $250
       Co1001   Dr Expense            $10
       Co1001   Dr Expense            $240
    Upon posting, TPID only populated in the cross-company code clearing line item only. Not to all of the GL line item.
    However;
    1) If using the same set of data (cross company posting) whereby the Balance Sheet line is replaced with P&L account, the posted document will inherit TPID to all line item.
    2) If posting in single company's book, using related party customer account with the same balance sheet as per example above, TPID is inherited to the BS line item. example is as per below:
         Co1000  Dr Customer1001   $300
         Co1000  Cr balance Sheet    $300
    Is there any reason or notes that can be implemented so that for cross company transaction that contains BS account, TPID is being populated in all line item?
    TQ.

    Hi,
    If the Trading Partner is maintained in OX16 and you are still getting this problem then, please refer to OSS Note No.:779844 and 438076.
    Regards,
    Kiron Kumar T.

  • Balance Sheet and Income Statement for Plan data

    Hi Everyone,
    in our Company  we maintain Plan in COPA for next year that is for 2009 , we have finished all the Planing activities and now (users asked me), they want to have Balance Sheet and Income Statement for the data we have in Plan version , I am not sure what they are Talking about, please help me ,
    where can I set up that requirement ?  and what is actually Balance Sheet and Income Statement for Plan data?
    Thx
    Niki

    Is the issue resolved?
    What did you do?
    Thanks
    Naveen

  • 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

  • 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

  • 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

  • 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

  • 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 !

  • 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

  • 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

  • BEST Practice for Balance sheet and Investment Planning

    hi all
       I need the Best Practice guides for Balance sheet and Investment Planning
    where can i get it ?
    if someone has them please could you mail them to [email protected]
       also if someone has documentation regarding these please forward them also
    Points assured
    Thanks in advance
    Nidhi

    Hi Nidhi,
    Refer to the below link for the available scenarios
    http://help.sap.com/bp_biv335/BI_EN/html/Bw.htm

  • Profit center group wise balance sheet and trading account report req

    Hi.
    We are using Profit ceter accounting for one of our clients.its ECC 6.0 therefore New GL is activated. FSV is not configured.
    Now I want to get the reports - Profit center group wise balance sheet and trading a/c.
    Can anyone help me in this regard.
    Thanks in advance.
    Regards,
    Padmavathi

    Hi Padma
    the std reports S_PL0_***** serve the purpose... You can browse SAP easy access menu under FI
    you can input PC or a group of PC as additional selection criteria
    Ajay M

  • 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.

  • Discrepancy between Balance sheet and Aging report

    HI Experts,
    I have a client who run the AR Aging and Balance sheet monthly for as their month end procedures.
    They have found the following:
    When the Balance Sheet and Aging report is run on the same day this shows the same on the Accounts Receivable and the Aging report.
    When the Aging is run a few days after the month end, and the Aging Date is selected as 05/01/2010, the Posting Date untill is also 05/01/2010, the Balance Sheet To date is 05/01/2010 I get discrepancies between the 2 amounts.
    I looked for documents with later Posting/Document dates but could not find any in the aging report.
    Any help would be welcome.
    Marli

    Hi Marli,
    You may check these threads:
    Re: Mismatch in  Accounts Receivable Balance and A/R Aging Balance due
    Re: customer aging query - show balance as of a specific date
    Thanks,
    Gordon

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