Wrong Display Profit Period in Balance Sheet

Hello Experts,
I have generate the standard Template as per chart of account in financial report template for Balance Sheet and Profit and Loss Statement and Trial Balance.
Now i have Run the Profit and Loss Statement Report then
Revenue display is 25,740,107.19
and
Expenditure display is 15,982,969.25
Now i have Run the Balance Sheet Statement Report then
Profit Period display is 41,723,076.44
so it is wrong. i wants the Profit Period display is 9757137.94
So please help me for Profit Period display problem
Dixit Patel
(+91)9904375120

Hello
Profit Period should be difference between Profit and Expenditure. so your simptom looks like a bug.
First you check whether this symptom happens in demo database and if it happens you should contact SAP support for incident processing.
if it's not happenning in demo database, something's wrong in your configuration or bug. in this case you can also get help from SAP Support.
Regards
Eunseok

Similar Messages

Profit cetre wise balance sheet

Hi
Can any one tell how to get profit centre wise balance sheet & also trial balance
Thanks
shivaji

Hi
I have executed the report as per the transaction code you have provided s_pl0_86000028/30. Following is the error message.Kindly advice where i am making mistake
Shivaji
       No records were seelected
Table                          Reporting for Table FAGLFLEXT
Report name                    0SAPBSPL-01
Report long text               Fin. Statement: Actual/Actual Comparison
Form                           0SAPBSPL-01 FS: Act./Act. Comp.
Report type                    Form report
General information
Author                         SAP
Created on                     11.01.2004
Last changed by                SAP
Last changed on                13.01.2004
Last changed at                10:39:10
Last displayed on              13.06.2008
Number of times displayed      9
Basic list                     Drilldown list
Additional selection conditions
Business Area                  MKTG Marketing - SBU
Profit Center                  1M10 MFD UREA
CO Area                        1000 Nagarjuna Group
Currency type                  10 Company code currenc
Company Code                   NFCL Nagarjuna Fert & Che
General data selections
Ledger                         0L Leading Ledger
Record Type                    2   Actual assessment/di
Record Type                    0   Actual
Version                        1   Standard version

Default Profit center for balance sheet account

Dear All
I've problem when i display accounting document in billing, there is no profit center information in GL account VAT,since document spliting is not activated,so I maintain default profit center for balance sheet account (3KEH),.
can anybody tell me why this problem raised? where that i have missed the configuration?
Thanks And Regards
Adit

Hi Vijay,
Good day!
I would like to seek your advice regarding the default profit center for Balance Sheet Account:
We have this issue that BS account defualted to a certain profit center: I have done several testings but still cannot find why the BS account defaulted to the profit center
1. I have checked the FAGLBK3EH and the BS account in which PC defaulted is not maintained in this tcode.
2. also check the OBBH and the document does not contain any cost object wherein a profit center can be derived. also checked substitution, either both of this code does not defines the profit center im searching for.
Can you please advice some directions where to check and why certain profit center defaulted to balance sheet account.
Your advice is greatly appreciated.
Janice

Report S_ALR_87013336 - Profit Center Group: Balance Sheet

Hello All
As an output of this report (S_ALR_87013336 - Profit Center Group: Balance Sheet ) I expect :-
1. B/S recon accounts which has received PC assignment from 1KEK.
2. Other B/S accounts (Inventory etc) which received PC assignment while normal goods movement FI posting.
I am getting the part 1 but not part 2 . I have tried running it with specific account number for Inventory as well but it doesnt come up. Please help
Also it is showing in the output even the Expense account linked to PC . Not sure if there is check in the report itself to only pick B/S accounts. I know this can be worked around by creating Account Groups but want to know the nature of this report.
Best Regards

Hello Ajay
Nice question and honestly i crossed that as well before, BSEG has separate number of entries for Company code for different profit centre.
So I have many profit centres on which posting has happened.
Is it some thing to do with we being on ECC platform and not used NEW GL ? Does SAP reports on this field only when NEW GL is activated ?
Because not just this report but other GL line item report (S_ALR_87012282 - G/L Line Items, List for Printing ) also shows same balance with / without profit centre.
What I am planning to do is to copy FSV to PCA account group using KE5B and then run all 1KE* transaction + use PCA report for example (S_ALR_87013326: Profit Center Group: Plan/Actual/Variance) ?Hope it will work , your opinion on this.
Best Regards

How to transfer current year profit to the Balance sheet in BPC 7.5nw

Dear Experts,
I have maintained script logic for current year profit transfer to Balance sheet. How to check my self whether the profit is moved or not properly. I ran the Legal Consolidation package. This was success. Now how to check by giving the test data values and what combination I have to use in Current view and In Input schedule. I have maintained two cubes that is moments and Balances cubes. or else through input schedule how can i test with test data. or advise me clearly the steps to execute.
Regards,
GURU

Hi,
The current year profit should automatically be transferring to your reserves whenver you have data for your P&L accounts.
The net effect of your income and expense accounts should be tranferred to your reserves account as per your script logic.
Thanks,
Sreeni

Depriciation Posting happens to Default Profit Center for Balance Sheet Act

Dear Experts,
I am facing problem in SAP where when I run Depriciation for Co Code B the system is picking up Default Profit Center for Balance Sheet Account GL Account while it is picking up proper Profit Center for P&L GL Account from Asset Master in the Depriciation Document AF.
Can you please advice what exactly customization to i need to check since Depriciation for Co Code A is happening properly for CO CODE A.for P&L and B/S GL Account.
Regards,
Rahul

Hi Rahul,
When you want to have the profit center in your balance sheet account you should make the field cost center optional in the field status group from your asset reconciliation accounts.
The system need this to determinate the profit center (no cost center is filled in)

Assignment of Default profit center to Balance sheet Account

Hi Gurus,
Is it possible to assign default profit center to balance sheet accout code ?. If it is possible how to do?
Many thanks,
Panneer

Transaction code: 3KEH
1. Define account(s)
2. Next, click on PrCtr Determination
3. Then, under Maintain Entries, click on Rule Values and complete the settings here.
Elias
Edited by: Elias Akorli on Dec 7, 2009 3:49 PM

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

PROFIT CENTER ACCOUNTING-BALANCE SHEET ITEMS TRANSFER

Dear all.
SAP describe as forllows about set up the opening balance for materials:
In this activity, you set up the opening balance for materials.
The system determines the material stock balance from Materials Management and posts it to Profit Center Accounting.
After setting up the opening balance, it is advisable to post the changes in the material stock balance online to Profit Center Accounting, as this simplifies reconciliation with Financial Accounting.
However, you can also transfer the material stock balance to Profit Center Accounting periodically.
I want to know how can i transfer the material stock balance to Profit Center Accounting periodically?
Thanks!

Dear Chen
You can utilise the reports to transfer the balance sheet items periodically. pl try this report to transfer the materials periodically S_ALR_87013348.
I hope it will suffice to resolve your querry.
Regards
Madhav

Consolidated Profit and Loss , Balance Sheet

Our client has been requesting for Balance Sheet and Profit and Loss, which consolidates accounts across multiple SAP companies.
If I understand correctly, the only way to pull the data is through journal entries, OJDT and JDT1.
This seems to be very cumbersome especially just imagine as time passes, the database is growing. It will be good if SAP could have a table that actually summaries the balance (balance sheet) and net movement (Profit and Loss) of each accounts by year by period.
Eg:
Year    Month   Accounts        Formatted Acc   Parent Acc    Type     Balance
2007    Jan       _SYS000012   1100-00             1100             Asset    1000
2007    Feb      _SYS000012    1100-00             1100            Asset     200
2007    Jan      _SYS000011     8888-00             8800           Expense 20
What is the chances of this improvement?

Hello,
thank you for your input.
We are planning enhancements for Financial Statements including new user templates and new print layouts. The idea of consolidating Profit and Loss Statement and Balance Sheet will be investigated as well.
Summarizing balances per year and net forward of each G/L Account year by year should be a part of complete Data Archiving solution planned for one of the next releases. Please check threads on this very important topic.
Peter Dominik
SAP
B1 Product Definition

Report Painter - Period Zero Balance Sheet Account

Dear SAP Experts,
I'm trying to create a balance sheet using report painter and understand from the forum users that we have to use Period "Zero" to run the report.
However, the report that I generated from SAP shows the yearly movements not the accumulated balance.
I'm not sure what possibly went wrong and would appreciate if anyone could please advise on how should I troubleshoot / fix it?
Many thanks.
Regards,
CH

Hi,
Are you working with SAP Business one? If not, please find correct forum and repost this discussion to get quick assistance. This SAP Business one reporting and printing forum.
Please close this thread here with helpful answer.
Thanks & Regards,
Nagarajan

Profit center wise Balance Sheet

Dear Experts,
I am working in a project right now and the company requirement is to get the Balance sheet profit center Wise.
We are implementing ECC 6 and have activated Document splitting Functionality.
We are Considering products as Profit centers.
My concern is if I assign profit center in Material Master, my flow from PR to MIRO is working fine, as the system is assigning profit center at line items in Accounting from Material master.
But at the time of Sales delivery the entry in accounting is
COGS DR.
To Inventory Cr.
COGS is a cost element and I cannot post it without assigning cost center
The issue I am facing is if I fix one cost center over here, it will only pick one profit center assigned to it, but I want to have different Profit centers
Not only in the above entry, I am facing this problem on all automatic Profit and loss entries
How can I assign correct profit center to the line item. Please suggest me some solution.
Thanks and Regards
Lakhbir Singh
Cross-Post

You can find the detailed documentation regarding the profit center balance sheet at the following links:
http://help.sap.com/saphelp_47x200/helpdata/en/eb/13811243c411d1896f0000e8322d00/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/eb/13811243c411d1896f0000e8322d00/frameset.htm
Regards,
Suraj

Matrix Consolidation Profit Center for balance sheet acounts

Hi,
I have a situation within a matrix consolidation setup. Balance sheet items that do not necessarily have profit center assignments do not flow into BCS. I created a condition for Consolidation Profit Center in the Load Data stream method as follows to resolve that issue:
Condition If profit center = initialized (blank)
Move: constant 9999999
Condition: If profit center = 10000000-ZZZZZZZZ
Move: Profit Center.
This is resolved the issue partially. The load program reads the data however also creates a warning message that data records were ignored.
All these ignored data records are a copy of the 99999999 profit center records that have already been read.
I would really appreciate any inputs.
Thanks and Regards,
Pallavi

Pallavi,
I didn't get you.
I meant these Breakdown Types:
0 - No breakdown
1 - Optional breakdown. Initialized value allowed
2 - Required breakdown. If no entry is made, the default value is set.
3 - Required breakdown. The value must be entered; the default value may be entered.
4 - Required breakdown. The value must be entered; the default value may not be entered.
Subassignment are used with items, not with companies or profit centers.
Cannot understand why the role matters.
Please clarify.

Profit & Loss and Balance Sheet at profit center group level

Hi,
my client has "xxxx" as group in standard hierarchy of profit center. under this group there are further two sub groups "01" & "02". under each sub group there is one profit center "0100001" and "0200001" respectively. now the requirement is that the user would like to extract Financial Statement Version (P&L and Balance sheet) at all three levels "Top Group", "Sub Group" & profit center.Now i do know that by activating document splitting on the basis of profit center i can get FSV at profit center level through standard report "S_PL0_86000028" by specifying profit center in selection perimeters. but how can i get the same at two group levels? please help me out here.
Regards,

Hi
As far as my knowledge it the only way to choose group of profit centers . as per below screen shot .. you are not permitted to choose profit center group.
Regards
Mahmoud El Nady

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

Wrong Display Profit Period in Balance Sheet

Similar Messages

Maybe you are looking for