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IMG Financial Accounting General Ledger Accounts
Business Transactions Closing Documenting Define Financial
Statement version
Via Transaction OB58
Code
You define the versions you need to create a balance sheet and profit and loss statement. You
can create number of financial statement versions for your chart of accounts one for the local
reporting, one for parent reporting. In each version you can group the GL codes differently.
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.
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Chapter 20 Financial Statements and Reports
Click on
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Chapter 20 Financial Statements and Reports
Click on
Press Enter
Click on and select
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Chapter 20 Financial Statements and Reports
Similarly, assign the various nodes to the respective elements which should finally look like
below:
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Chapter 20 Financial Statements and Reports
Select
Select
Similarly rename all other items to look like below:
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Chapter 20 Financial Statements and Reports
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Chapter 20 Financial Statements and Reports
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Chapter 20 Financial Statements and Reports
Click on
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Chapter 20 Financial Statements and Reports
You can view Profit & Loss and Balance sheet as below
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Chapter 20 Financial Statements and Reports
Prerequisites
The following prerequisites must be fulfilled in order for you to be able to use group account
numbers:
You must define a group chart of accounts containing the required group accounts.
These accounts must be created in the chart of accounts area, but not in the company
code-specific area.
In the chart of accounts index, you must enter the required group chart of accounts for
each of the individual charts of accounts for which you want to define a common
financial statement version.
You enter the group account number you have selected in the master records of the G/L
accounts. By using the same group account number, you group together the accounts
you want to display under one particular item.
Features
When assigning the group account number, please note the following:
Accounts of the same type may be stored under different numbers in different charts of
accounts. You can group these accounts together under a single group account number.
Accounts with the same account number may actually be different types of account in
different charts of accounts. You can assign these accounts to different group account
numbers.
In the financial statements, the system displays the group account number.
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