Creating Financial Statements with Cost of Sales Accounting

Use

You can create a profit and loss statement with cost of sales accounting. The profit and loss statement is organized according to your functional areas.

You can create a profit and loss statement with cost of sales accounting using the G/L account information system. The G/L account information system is based on the Drilldown Reporting tool and uses the G/L transaction figures from your cost of sales accounting ledger and your Financial Statement Versions . as data basis.

Note Note

The SAP system provides you with further evaluation tools such as the Report Writer. However, these tools do not support a financial statement version with functional areas. Using these tools to create a profit and loss statement is therefore more time consuming.

End of the note.

Prerequisites

Before you can create a profit and loss statement with cost of sales accounting you must ensure the following:

Your Financial Accounting has to be reconciled with Controlling. For more information, see Reconciliation of Controlling and Financial Accounting .
You need to have defined a Financial Statement Version . Here, you must assign financial statement items to your functional areas. To do this, see Financial Statement Versions with Functional Areas .

Features

In the standard system, SAP supplies two sample reports for creation of a profit and loss statement with cost of sales accounting:

Description	Technical name
Balance Sheet Using Cost of Sales Approach (German Trade Law)	0SAPBLNCE-01
Profit and Loss Statement Using Cost of Goods Sold (German Trade Law)	0SAPPRALO-01

To go to the reports, from the SAP Easy Access screen, choose Start of the navigation path Accounting Next navigation step Financial Accounting General Ledger Information System General Ledger Reports Balance Sheet/Profit and Loss Statement/Cash Flow General Actual/Actual Comparisons End of the navigation path .

Both reports are based on the Financial statement version INT supplied by SAP in the standard system and portray actual key figures. The figures for the selected fiscal year and the preceding fiscal year are compared, and the variance between the two fiscal years is displayed.

You can use these sample reports as templates for your own reports. To adapt one of these reports, you first have to copy the report you want, saving it in the customer namespace under a new name. You can find settings that control copying, defining, and editing of drilldown reports in Customizing for Financial Accounting under Start of the navigation path General Ledger Accounting Next navigation step Information System Drilldown Reports (G/L Accounts) End of the navigation path .

You can find more information on defining drilldown reports in the SAP Library under Start of the navigation path Financials Next navigation step Financial Accounting General Ledger Accounting Information System End of the navigation path .