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

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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

Financial Reporting in BI. Balance Sheet, Profit & Loss

Hello Gurus,
Background
I have a problem in finacial reports esp. Balance Sheet and Profit & Loss reports. When SAP ERP implemented, they have designed the FSV according to the country accounting and business requirements for external reporting. But the regional financial office in the UK requires a different way of reporting esp. the break up of costs in P&L.
As a solution they, non BI and Management have suggsted to design these reports Balance Sheet and P&L in BI and change the design as per the requirement for UK office. i.e For P&L combine FI and CCA queries.
Problem
My problem is, the queries are designed as GL Account Heirarchies and that are static. So for any GL I need to open the Query (FI) and add the GL into the specific group and any new Cost Center I need to open CCA Query and update Cost Center and Cost Elements manually. After adding the GL I need to reconcile both reports...etc It takes half day or full day sometimes to reconcile the reports.
P&L Report is designed as a workbook having three sheets. This workbook has two queris , FI and CCA. Both of them static heirarchy (user defined). So GL Grouping is maintained manually. The third sheet, has the layout and formula to fetch the values from the other two sheets.
Also Balance sheet workbook is having two sheets. The query is having 0GL_Account heirarchy. So when a new GL is added, I need to change the formulas on the other sheet which displays the Balance Sheet in the required format.
My questions
What is the best practice for month end / year end financial reports?
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Do you maintain GLs manually?
How can I re-design this reports so that I need not spend a signle minute of them on every month end / year end.
Regards
MultiABAP

To be honnest, I didn't fully understand your case, but I got the general logic.
I would say that you first need to harmonize your data and apply to them the group business rules before doing your reporting. This can be done by different ways. The best one according to me is to define a consolidation chart of accounts (based on the group policy) and mapp these accounts to the operational accounts automatically using BI transformations. Then you'll be able to define your reportings based on this harmonized referential.

Profit & Loss Query in oracle R12

hi
Anybody know that how to get profit and loss in oracle apps R12 and if any person have the Profit & Loss Query, so plz send me query.
Thanks
Zulqarnain

Hi Everyone,
Thks for your help.
@ Srini and John:
Yes, this happens to all the users connecting to the system. Its kind of funny when a user comes and says "My screen has gone green" :-)
But it is a bit serious since we are going into UAT, and the client will definitely complain of this.
@ John:
It does not seem to be a Client Side Problem, as I have made everyone clear their cache and try again.
And what's intruiging now, is that this issue never occurred on one of the instances we have been using, and suddenly yesterday we started encountering this on that instance as well. As per a Metalink Note referred by Hussein, I have forced the Color Scheme and Look and Feel to Swan and Oracle at Site Level. Yet the problem is encountered.
However, there is one thing that I will try and revert back. With R12, Java Version 1.5.* is shipped.
All the machines here have the 1.6 Version
I will try to downgrade and re-install the 1.5 Version and verify
@ Hussein:
Where can I locate the Application File and verify pls ?
How do I compile all the JSP Files (Using adadmin? )
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Ravi

Profit & loss & balance sheet profit center wise

Hi, Experts
my client want to see profit & loss account & Balance sheet profit center wise , what is the tcode for this report & what is the configuration required
regards
gk

hi
I use this code S_ALR_87013336 there is no figure is shown in report . only one figure shown that is Unappropriated profit from previous year & other accounts are nil
regards
gk

Profit cente wise profit&loss account

Plz tell me profit center wise profit &loss account
tell me TC for this
Very urgent

Hi Kavitha,
I am not aware in which version you are working on.
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S_ALR_87009712
Let me know if you require any further details.
Kalyan
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Project wise Profit & Loss account.

Dear All,
Our sales are routed through WBS Element and cost is booked against Cost Center. Our Management wants to see project wise Profit & Loss account. Any suggestions on deriving this??
Regards,
Mike.

Hi,
You can acheive this through Profitability Analysis by assigning WBS elements as one of the Characteristics,
since there could be more than one wbs element in a particular profit center.
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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
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Profit & Loss / Balance Sheet and Project performance Report

Hello,
I am in mining service industry and looking for two basic reports as under, can you please guide me through and provide transactions.
1)Profit & Loss/ Balance Sheet
2)Project Performance report
Your prompt response will be much more appreciated.
Thanks,
San

Hi,
use this as shown below
menu path-
Accounting ® Financial Accounting ® Special Purpose Ledger ® Tools ® Report Painter ® Report Writer ® Report Group ® Display
tcode- GR53, GR55
Enter report group SL01.
Choose Execute.
Enter report group SL01 again, and then choose .
Enter the following data: current year, period 01-12, company code,ledger and plan version
kind regards
Arman
SAP FICO

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.
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Arman
sap fico

Profit/loss on share sales

Hi all,
My client is in security trading business and he wants to know the date on which the no of shares he has purchase and the date on which no of shares has been sold and the profit/loss araised from it.
How can i config this req in the SAP system and also tell if their is any standard report where i can have
all these details.
we are in 4.7ee.
regards
pran

Thanks Srini,
I have proposed the soln to the client. We need to just assign the corresponding the G/L accnt with the downpaymenty clearing accnt in the acquistion account assignment in AO90.
Could you plzz elaborate on it...
Regards
Arvind

Profit & Loss based on Exchange Rate

Dear All,
Please help me in one of my client's scenario as mentioned below:
1. I create an Invoice in USD (Foreign Currency).     //Exchange Rate at the time of Invoice was .90
2. I purchase USD from AUD (Local Currency) by passing a journal Entry.
3. Now I make a outgoing Payment using this invoice in Step 1.     //Exchange Rate at the time of Payment is .96
I would like to know the effective process to map into SAP B1.
Question A: My Client doesn't want to change the exchange rate at the time of outgoing payment. He wants that the exchange rate at the time of payment should be as it was while making the invoice.
Question B: He wants to calculate the profit & Loss of Exchange rate at the time of purchasing USD From AUD.
Please help me to map this process in SAP B1. Any kind of help would be appreciated.
Regards
Pankaj Jha

Hi Pankaj,
For mapping above Process in SAP B1, Please follow below steps.
1. Create one Ledger for Purchase Foreign Currency eg. Forex Purchase Ledger and make this Ledger as All Currency
2. When ever you want to Purchase Foreign Currency then Pass Journal Entry to this Clearing Ledger            eg.                    Local Currency Ledger                               Credit
                                  Forex Purchase Ledger          Debit
Now after doing this Pass another Journal Entry
                                  Forex Purchase Ledger                               Credit
                                  Foreign Currency Ledger          Debit
3. After following above Two Steps you can do Outgoing Payment for Foreign Purchase Invoice.
Answer A:- No, Exchange Rate will not be same as Invoice. Exchange Rate is based on Daily Basis. If any change in Exchange of Outgoing Payment Document Posting Date then System will automatically hit Exchange Rate Gain or Loss Account.
Answer B:- If i am not wrong then you can not see Profit and Loss based on Exchange Rate.For work around Check below on Profit and Loss Based on Exchange rate Purchase.
Please create one Project for Purchasing Foreign Currency and Select this Project every time when ever you are Purchasing Foreign Currency.Then you can see Profit and Loss by Project.
Hope this help
Regards::::
Atul Chakraborty

PROFIT & LOSS ACCOUNT CONFIGURATION

Hi all.......
I want to create Profit & Loss A/C. Through FSV I have created Balance Sheet.
Can anyone please help me regarding the configuration steps of Profit & Loss A/C.
Best Regards
Amitava Saha
Moderator: Please, avoid asking basic questions and don't use CAPITAL letters in titles

New GL- S_PL0_86000028
classic gl - F.01
and some other imp tcode for trial balance, balance sheet as follows
Balance sheet and P/L Account
S_ALR_87012249 - Actual/Actual Comparison for Year
S_ALR_87012250 - Half-Year Actual/Actual Comparison
GL account balances
S_ALR_87012279 - Structured Account Balances
T-Code S_ALR_87012277 (Pgm RFSSLD00)
T-Code S_ALR_87012301 (Pgm RFSUSA00)
And Try below reports also, which will be usefull to you in GL, AR, and AP.
F.97, F.98, and F.99.
Hope this will help you.

Profit & loss account & Balance sheet

Hi Gurus,
Please Provide me Proforma of Profit & loss a/c & Balance sheet in income tax act 1956.
Regards
Kiran

hi
Kindly check the below link it might be useful for you
http://www.nabard.org/pdf/2005-06/eng_con_bs.pdf
Thanks & Regards
Phaneendra

Purchasing value & balance **** account & Profit & loss account tally

Dear sir
please help me that my queries are that purchasing value, consumption value should be matched with balance **** account & profit & loss account, if not matched how amount differe , i need T ocde for using price difference account
I need Report T code that i will be able to tally MM entry & FI entry
Regards
PARESH

Hi
Stock account currency shows the inventory GL account balance which will be maininted by FI persons: It is same as material currency if there are no adjustments.
Ex: When you are doing GR for 10 quantity @ 10rs,
then your material currency will show 100 and stock account will show 100, variance will be zero.
Material value will be updated with quantity and value in same stock account, but it is dependent on material movements always.
If you post a FI journal for 10rs in inventory account then entries will be as follows:
Material currency 100 stock currency 110 variance 10. Without any material movements material account currency will not be changed but through external postings we can change GL account balance.
Thanks

Profit loss

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