Financial Statement Versions
Definition
Hierarchical arrangement of G/L accounts.
The accounts can be arranged in accordance with the legal regulations used to generate your financial statements. Alternatively, you can arrange the accounts in accordance with your requirements.
Use
You need a financial statement version for the following functions:
To create and print financial statements
To run various reports, such as a structured list of account balances
As a basis for planning in
General Ledger Accounting
You can define several different financial statement versions. This may be necessary if you want to generate the financial statements using different formats.
The standard system is delivered with predefined financial statement versions. You can copy these or modify them for your own versions.
Note
If you want to create financial statements for ledgers of the
Special Purpose Ledger , define the version using the set method. You can use the Report Writer for printing. For more information, see the
Special Purpose Ledger
documentation.