BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
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The balance of the new account is added to the non-assigned section and is included inthe calculation
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The balance of the new account is added to the nonassigned section and is excluded from the calculation
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The balance of the new account is added to the notes in the financial statement item section and is included in the calculation
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Detailed explanation-1: -You forgot to add a new general ledger account to the financial statement version. What impact does this have on the net profit and net loss? A. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
Detailed explanation-2: -Click on Financial Statement items and expand hierarchy till ‘Cost of Goods Sold’. If GL account are not mapped to FSV then User can use “ Maintain Financial statement version “ and add the GL account to YPS2. Click on node where user want to assign GL account then click on ‘Assign Accounts’.
Detailed explanation-3: -T-code SPRO → SAP Reference IMG → Financial Accounting → General Ledger Accounting → Business Transactions → Closing → Document → Define Financial Statement Versions → Execute. Enter the Fin.