Chapter 28

Financial Statements &

Reporting
• The financial statements required by a legal entity can be
configured in the system according to legal requirements
and the specific requirements of the organization.

• Chapter Objectives
– Provide an understanding of how customized financial
statements are configured in the system.
– Provide an understanding of how planned values are
entered into financial statements.
– Discuss reporting among the various sub-modules.

4.6fi_28.1 Financial Statements

 Financial Statement
Naming a Financial Statement
Version Name of the Version Default / Alternative Languages
XXXX Financial Statement 1 E DFS

Formatting a Financial Statement

Financial Statement XXXX Financial Statement 1
Level 1
Item 1 ASSETS
Item 2 LIABILITIES (and Equity)
Item 3 Profit and Loss
Item 4 Accounts Not Yet Assigned

4.6fi_28.2 Financial Statements

 Key Fields in Defining A
Financial Statement Version

4.6fi_28.3 Financial Statements

 Financial Statement Special
Items

4.6fi_28.4 Financial Statements

 Setting up a Financial
Statement Structure
Balance Sheet Assets
Version XXXX
Level 1

Current Long-Term Intangible

Assets Assets Assets Level 2

Accounts
Cash Receivable Equipment Level 3

G/L Accounts: 001000

001100
001200 Level 4
001300

4.6fi_28.5 Financial Statements

 Assigning G/L Accounts

4.6fi_28.6 Financial Statements

 Placement According to
Balance
Balance Location Based on Account Debit/Credit Balance Debit/Credit Shift Functionality

Cash at Bank Node Cash at Bank Node

Total = ($750) Total = ($750)

G/L Account 212100 G/L Account 212300 G/L Account 212200 G/L Account 212100 G/L Account 212300 G/L Account 212200
Balance ($500) Balance $450 Balance ($700) Balance ($500) Balance $450 Balance ($700)

Is total Cash at
Is total by account Bank Node a Debit
a Debit or Credit or Credit Balance?
Balance? Asset or Asset or Liability?
Liability?

- + -
+
Cash Bank Overdrafft Bank
Overdrafft Bank Overdraft Bank
Acct # Dr Cr Acct # Dr Cr
Acct # Dr Cr Acct # Dr Cr
212100 500
212300 450 212100 500 212200 700
212200 700 212300 450

4.6fi_28.7 Financial Statements

 Entering Text in a
Financial Statement
Only used for the
maintenance function,
not printed on the
financial statement

Printed before the item

on the financial statement

Printed after the item

on the financial statement

Printed on the financial

statement only if a
graduated total is used

Line items usually displayed

with a minus sign now shown
as positive amounts

4.6fi_28.8 Financial Statements

 Group Financial Statement
Company Chart of Group Chart
Codes Accounts of Accounts
G/L Accounts Group G/L Account
US01 175
000
CAUS To 175
00
1750 00 0
US02

DK01 150000 CADK To 175000 Pepsi

ES01 805
000 0 00
CAES 175
0 00 To
80 5
ES02
4.6fi_28.9 Financial Statements
 Planning
Financial Statement
Balance Sheet Profit & Loss Statement
Version

Overhead
Cost
Cost Center
Controlling CO CO-
OM
Order PA
Process

4.6fi_28.10 Financial Statements

 Financial Statements & Reporting
Chapter Summary

• Key Terms:
– Financial Statements
– Balance Sheet
– Profit and Loss Statement
– Period Accounting
– Cost-of-Sales Accounting
– Financial Statement Version

4.6fi_28.11 Financial Statements

 Appendix 1:
Cost of Sales Accounting

4.6fi_28.12 Financial Statements

 Cost of Sales Accounting VS
Period Accounting

4.6fi_28.13 Financial Statements

 Cost of Sales Accounting and
Functional Areas

4.6fi_28.14 Financial Statements

 Functional Area in Master Records
• Prior to release 4.6, you had to create a substitution rule to
derive the functional area.

• Now it is possible to enter the functional area directly in the

master record of the following account assignment objects:
– G/L Accounts
– Cost Elements
– Cost Centers
– Order Types
– Internal Orders
• For all other account assignment objects, the functional
area is derived as previously via a substitution.

• Existing substitution rules are not affected.

4.6fi_28.15 Financial Statements

 Derivation of Functional Area

4.6fi_28.16 Financial Statements