P&L report in Report Painter

Question

Can anybody tell me hw to create a P&L report in report painter. I alreadly created the account groups for the report in KDH2 and linked the account groups with the new reports in OF1. But when am trying to generate the report the system is showing ' no valid master data for characteristic 'version' and report does not contain any data pages.
Plz anybody help me for the above issue.
regards
VINU

Answer 1

Hi,
First Create FSV in OB58.
Select new entries and give a 4 letter name an description.
Give language, COA and check Item keys auto chk box.
Save entries.
Click on Financial Statemen tItems
Here you will be seeing 7 default nodes.
1)Fin. Statement Notes
2)Not assigned : Here the unassigned GL accounts to the FSV are shown and its result.
3)P+L result: Here the net value of the P & L is shown
4) Net result: loss : Here the value will come only if the result is loss
5)Net result: profit: Here the value will come only if the result is Profit
6)iab+Equity:  Assign here all the liabilities in the hirerchial way
7)Assets:Assign here all the asstes in the hirerchial way
You need to create two more nodes by Revenue and Expenditure by selecting "Create Items"
Assign GL accounts in a hrerchial way as per clients requirement to these nodes.
Save your entries.
With this you have created a FSV.
No I am taking the exmple of FSI4 to create form.
Go to FSI4
In the Form Type Select " FInancial Statement Key Figures"
Give Form name and description and press create.
Select two axis form.
Go to edit >Gen.Data selection>Gen Data Selection
Select from the available characteristics "Fin. Statement Ver" and move this to the left in to the selected characteristics.
Give the created FSV here.
Also select comapny code adn give the compnay code.
Confirm Values.
on the rown 1 in lead col dbl clk. Select key fig with characterstics
In The Key Fig select "Balance sheet Value" from the drop down.
From the available characterstics select "FSITEM" and move this to the left and here you give either the hirerarchy or select the individual FS Item  from the drop down and confirm the values.
Dbls click on the Column and select characteristic
From available characteristiscs select Fiscal year and fix the value by giving that in From field.
Confrm Values.
When you wan to use formulas select formula and give the formula.
Save the form
Go to FSI1
Report type "FInancial Statement Key Figures""
GIve report name and description.
Give the form that you have created above with "With Form" and create.
In the report characteristics select "Currency" or Currency type"
in the variable you don't need to gve any thing.
In the output type Select "Classic Drill down" and in this "Basic list detail"
save and execute.
Same is the case with FGI4 & FGI1
Don't forget to reward points
Sarma