Financial Statement Version

Step 1: Define Financial Statement Version T Code: OB58

Menu Path: Display IMG > Financial Accounting > General Ledger Accounting > Business Transactions > Closing >
Document > Define Financial Statement Versions

Click New Entries

Financial Statement Version =
Name =
Maintain Language =
Select Item Keys Automatic
Chart of Accounts = Click Enter & Save

Select Financial Statements Item

Keep cursor on ‘ ’ (Company Code)
Select ‘Create Items’ Button
Under ‘Balance Sheet and Profit & Loss Account’ Click Enter
Income
Expenditure Click Enter

Double Click ‘No Text Exists’ against ‘Assets’

Item = Assets Click Enter

Double Click ‘No Text Exists’ against ‘Liabilities’

Item = Liabilities Click Enter & Save

Keep the cursor on ‘Assets’, click ‘F9’ to select

Keep the cursor on ‘Liabilities’, Click on ‘Reassign’ Button
Select ‘Same Level’ Click Enter

Keep the cursor on ‘Income’, click ‘F9’ to select

Keep the cursor on ‘Assets’, Click on ‘Reassign’ Button
Select ‘Same Level’ Click Enter

Keep the cursor on ‘Expenditure’, click ‘F9’ to select

Keep the cursor on ‘Income’, Click on ‘Reassign’ Button
Select ‘Same Level’ Click Enter & Save

Keep the cursor on ‘Liabilities’, Click on ‘Create Items’ Button

Liabilities
Share Capital
Reserve & Surplus
Secured Loans
Unsecured Loans
Current Liabilities & Provision
Similarly create Items under Assets, Incomes & Expenditure Accounts Continue………..

Assignment of Accounts:

Keep the cursor on ‘Share Capital’, Click on ‘Assign Accounts’ Button

Item = Share Capital
From Account No = 100000
To Account No = 100099
Select ‘D’ & ‘C’ Click Enter

Similarly assign all Accounts

To select whether all accounts are assigned, Select ‘Check’ Button

Select ‘Non Assigned Accounts’ Click Enter

Double Click ‘Share Capital’

End of Group = Total Liabilities
Select ‘Display Total’
Start of Group = Source of Funds Click Enter

Double Click ‘Fixed Assets’

End of Group = Total Assets
Select ‘Display Total’
Start of Group = Application of Funds Click Enter & Save