Profit is different in Balance sheet & in P& L Report?

Hi
I have got report from My client like Profit is different in Balance sheet & in P&l report? for same period
what will be the cause?

Hi
Check whether the date are same in Both reports in selection Criteria. Also update the Financial report templat for Both BL & P&L. then check?
Also check the selection criteria anything u have selected in Expanded mode... try to get without any selection, just give only date field same in both reports.
Giri

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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.
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Can anyone help me in this regard.
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Hi Padma
the std reports S_PL0_***** serve the purpose... You can browse SAP easy access menu under FI
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In CO I am using only CCA and PCA. But I don't want to have the profit center updated on the balance sheet items.
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Hi, remove assignment in 3KEH,3KEI

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I am in mining service industry and looking for two basic reports as under, can you please guide me through and provide transactions.
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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.
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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.

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Hi SAP experts,
I would like to seeking for professional advice on is below business process require to use MM module?
Currently my customer is using MB1B (material transfer) to make an posting to balance sheet account (100) and in MB1B screen there was a column to assign profit center (P1).
So the accounting document will be DR 100(g/l) & CR 110(g/l) and charge to P1(profit center)
When customer go to view on KE80, will show the amount transfer charge to cost element 400
When i go to view line item display for g/l 100, i didn't see got any profit center is assign to as i know that balance sheet account not require to charge cost object (customer is not in SAP 5.0)
Now i would like to ask is there any possible, i can post a profit center(P1) to balance sheet account(100) and charge to other cost element (400) without using MB1B? only use manual general ledger accounting posting (FB01)
Note: customer is not in ECC6
Thanks
regards,
ng chong chuan

Hi,
I'm not an expert in Cost accounting at all. from my own experience I know, that some of P&L accounts might be relevant to Cost accounting and in this case you need to make appropriate settings in the following node for Treasury: Treasury and Risk Management -> Transaction Manager -> General Settings -> Accounting -> Link to Other Accounting Components -> Allocate Additional Account Assignments to Account Assignment References.
I guess in your case it is only Interest Income account relevant for Cost center, you can check it by clicking on field Reference key in standard report TPM20 and you should be referred to window with several documents, including Cost accounting document. As far as I remember, Cost accounting document might consist of just one line item.
hope this will help you.
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Hi experts,
I have to create the balance sheet report,for this i have to use datasource 0FI_GL_10 according to SAP but there is no data coming from R3 to this datasource , hence i am using 0FI_GL_6 ,for GL transaction data.
for GL line item data i am using 0FI_GL_4.
Is it possible to create Balance sheet and P&L reports using these datasources?
<b>How can i create Balance sheet and P&L report based on these datasources.</b>
In Business Content there are virtual cubes 0FIGL_VC1 and 0FIGL_VC2 how can i use these cubes as i am not using standard basic cubes 0FIGL_C10 AND 0FIGL_C01 and i am also not using the datasource 0FI_GL_10.
I need this very urgently to get this report.
regrds.
Message was edited by:
man man

http://help.sap.com/saphelp_nw04/helpdata/en/57/dd153c4eb5d82ce10000000a114084/frameset.htm
Steps-1)Load 0FI_GL_C10 cube from R/3
2)R-Click cube 0FI_GL_R10 and select option "Activate direct access" since its remote cube as otherwise you wont be able to receive data in to this cube
After loading 0FIGL_C10 goto 0FI_GL_V11 to check if you see data in this cube and then start building queries .
No physical loading of data in 0FI_GL_R10 and 0FI_GL_V11 cube as its Remote cube and Virtual cube.
I followed these steps. According to your datasources try following these steps and make sure you create a Virtual cube. The above link shows the standard query for Balance P&L. I have done for 0FI_GL_1 datasource. For this infosource i created standard cube and virtual cube. I guess in virtual cube you should get the data 0GL_ACCOUNT, Key figues 0VAL_FLOW & 0VAL_STOCK . Please go through the below link for more information regarding these objects.
Re: 0GLACCEXT vs 0GL_ACCOUNT - How it is USED?
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From a SAP BI perspective, is it a right way to differenciate between Balance Sheet and P&L Reports based on Account Type ( IS- for P&L Reporting and BS- for balance sheet reporting).
Thanks
Rashmi.

If your General Ledger accounts, for the Chart of Accounts in use in your R3/ECC source environment, have the account type populated for each account as BS for Balance Sheet accounts and IS for Income Statement (P&L) accounts, then that should work for separating accounts for Balance Sheet and P&L reporting.
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Payment was run successfully for vendor 10. Since the postings had different currency, it used account determination for OB09, valuation lost and balance sheet adjsutment is visible in the clearing document.
Payment was also run successfully for vendor 11, however clearing document only reflects account for valuation lost and not included balance sheet adjustment.
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In TCOde FAGL_FC_VAL, period end foreign revaluations are carried out for customers and vendors.
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Dear Consultants,
Client expects the Profit center wise posting of Balance sheet accounts. We have assigned cost centers to individual employee in IT 0027. In case of expense accounts like salary or Er PF, the entry goes to Profit center attached to the employee's cost center. However in case of Balance sheet accounts like Profession Tax, the entry does not go to respective profit center. It was suggested that changing the account assignment type from F to FE would resolve the issue but it did not work.
Any suggestion please
regards,
Bindumadhav

Dear Consultants,
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Using Profit Center Accounting for balance sheet reporting on various plant

Hi Gurus,
Can anyone please tell me the steps I need to take to use PCA for balance sheet reporting on various plants under one company code. If there is a better way then please let me know. Thanks

Hi,
It depends on the organisation structure you decide on and as such PCA is recomended for your requirement.
Cosider each plant as a Profit center and decide cost centers under each plant/profict centers.
For all the materials under each plant assign the prfict center or that pant.
Change the feild status groups for Profit centers as mandatory.
If you are in 4.7EE You need to write derivaton rules & Assign dummy profit center for scenarios that overlap or for sales made by one plant of the stocks of other plant.
Need to identify the Asset costcenter/Plant/location wise adn need to assign in ACSET.
You need to rum F.5D , F.5E as period end process.
Down payments need to be handled by way if user exits if you are in 4.7EE
If you are in >= ECC5.0 then simply activating the document split will give you the PCA wise balances without much month end closing activities.
Make Zero Balance and Profit centers as mandatory in document splitting charactersics.
In any case you need to completely test the scenarios and how you are goinbg to get th eprofit center in all the scenarios.
Reward if useful.
Sarma

Profit center update for Balance sheet GL A/C

Hello,
I am working on ECC 6.0 version. And document splitting is active. When we do GR in the line item level profit cent is updated but the profit center document is not posted. The profit center is picking from my Material master.
May i know what configuration is required to update profit center for B/S Items.
Regards,
SK

Dear SK,
Regarding to balance sheet accounts (Stock account and WIP), profit center will be updated automatically from the material master. Profit center document will be generated whenever GR happened.I think already configuration has been done ur organisation for PCA. once again you check all the configuration settings in T.code 1KE1 and no ranges in GB02.
Regards
Jay

Balance sheet Item for assets report

Hi friends,
Please help me to understand the field BALANCE SHEET ITEM - ERGSO for asset reports.
where we are maintained the field ? On which table contains the above ERGSO - Balance sheet Item filed ?
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Please guide to me to understand to mu above query.
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Rish

Hi,
please read SAP notes 70212 & 70118!
Best Regards!

No Results in GL Balance Sheet and Cash Flow Reports

Hello Gurus,
I have installed and configured OBIA 7.9.6 financials for oracle EBS 12.1 as per config document.
Modified GL group account names, codes mappings as per business req.
Did a full ETL load and it was successfull.
Now on the reporting side, we don't see any data in the balance sheet, cash flow reports.
My understanding is, this is because group account numbers are changed and I need to do some customization on RPD file as well.
Could you please correct me if I am wrong and suggest me any best practices to customize for financial analytics.
Many Thanks.!
Edited by: obiuser on 07-Oct-2011 05:58

Hi,
Thank you for your response.
I couldn't find 3.2.1.4.3 section in 7.9.6 config guide. Hope you are refereing to 7.9.6.3 guide.
On further investigation we found that there is no data in W_AP_BALANCE_F, W_AR_BALANCE_F tables.
This might be the reason for not having data in AP, AR Overview dashboard pages.
Actually what we have done was, added some new group account codes such as MAINTENANCE to the codes file and updated names, fstmt files accordingly.
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I have another question, How can I know a group accnt code belongs the certain account range.?
Our financial team member says there is nothing like that and he can't give the accounting range.
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Many Thanks.

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Hi, good afternoon
This report displays period intervals. One column must display G/L accounts and the others must perform: Initial balance, total debit and total credit.
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Hi, I do not get what exactly your question is, but I think you are looking for a "report"
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Check this one:
S_ALR_87012277
You should take a look to these too:
S_PL0_86000030
S_PL0_86000031
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Profit is different in Balance sheet & in P& L Report?

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