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Define
Financial Statement Versions
In this activity:
- You define the versions you need to create a
balance sheet and profit and loss statement.
You can define
versions for a specific chart of accounts, for a group chart of accounts, or
without any specific assignment.
- You then determine the financial statement
items for your version.
You assign groups of
accounts to the items at the lowest levels of the hierarchy. You can select
the criteria that determine which items the accounts are displayed in. For
example, accounts or groups of accounts can be assigned to particular items
based on their balance.
Alternatively, you
can also assign functional area intervals at the lowest level of the
structure, instead of account intervals. Either account intervals or
functional area intervals can be assigned to a financial statement item. You
must explicitly define financial statement versions to which functional areas
are assigned as such. You do this by setting the "Fun.area allowed" indicator.
This financial statement version can then also be used by the notes to
financial statement in the G/L account information system.
Activities
Define the necessary versions and maintain the
financial statement items.
Further
Notes
For more information on defining financial
statement versions, see the FI Closing and Reporting documentation.