Creating the Profit and Loss Statement Using Cost of Sales Accounting (I) 

Use

In this process, we explain how you can execute a drilldown report and why the postings appear in the Production Costs Variance section of the profit and loss statement. The costs for material consumption are posted to the P&L item Production Costs Variance.

For more information about this process, see .

If you have already executed this report during the demonstration, go to step 6.

Procedure

  1. Choose .

    2. In this second session, you execute the report after each posting in this process.

  2. Call up the transaction as follows:
    3.

    Menu Path

    Accounting ® Financial Accounting ® Special Purpose Ledger ® Tools ® Report Painter ® Report Writer ® Report Group ® Display

    Transaction Code

    GR53, GR55, FB03

  3. Enter report group SL01.
  4. Choose Execute.
  5. Enter report group SL01 again, and then choose .
  6. Enter the following data:
    7.

    Field

    Europe

    North America

    Fiscal year

    Current year

    Current year

    Period from

    001

    001

    Period to

    012

    012

    Company code

    1000

    3000

    Ledger

    0F

    0F

    Plan version

    001

    001

  7. Choose .

    8. The report for you legal independent entity appears.

    Each procedure of this process describes which accounts are posted to. You can expand the report by selecting and to see the functional area that, together with the cost element, defines which items include the individual values in the profit and loss statement. The following steps show you how to proceed.

    The system displays the report in summarized form. It is easier to see which items in the report contain line items.

    The costs for material consumption are posted to the P&L item Production Variances.

  8. Choose in front of the item Production Variances.

    9. The system displays the account to which the line items were posted. Material consumption is posted to account 410000 OEM Products Consumed.

  9. To call up detailed data, double-click on account 410000.
  10. In the dialog box, choose Actual Line Items for Table GLFUNCT, and then choose .

    11. The system displays a list containing one or more documents. These documents were generated by consuming materials.

  11. 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.

    12. You document is listed under the FI-SL document number that you noted in the step Display Goods Issue Document.

    (If you do not know which document is yours, place your cursor on first entry in the Document number column, and then choose . Your document is now the first one in the list).

  12. Select the Doc. info tab.
  13. Choose FI documents.
  14. In the dialog box, choose Accounting document.
  15. Select one of the items relevant for material consumption by double-clicking it. This should be item 002, 004, or 006.
  16. Choose More.

    17. The Account Assignment dialog box appears.

    Note that 0100 is entered in the field Functional area. This means that these costs are referenced to production.

    The functional area was posted to automatically and is the result of the substitution rules that were defined in Customizing. In this case, this means the system was able to derive the functional area 0100 through your production order type. The combination of functional area and account determines where the individual values appear in the profit and loss statement. In this case, the costs appear under Cost of Sales.

  17. Choose .
  18. Choose and until the screen IDES Cost of Sales appears .

    19. Do not end the session.

  19. Switch to your first session.