reg: Balance sheet

[Former Member]

hello gurus,

i need necessary information regarding Balance Sheet, what kind of things does balance sheet holds.

Based on Balance Sheet what kind of reports we generate.

what kind of reports we generate in FI towards BW.

[chemicala_srimallikarjuna]

Hi,

Pls chk this links;

http://help.sap.com/saphelp_nw04/helpdata/en/ac/96ae6c8fbaca44bbc878dc31c248c9/frameset.htm

http://help.sap.com/saphelp_nw04/helpdata/en/65/7beb3cad744026e10000000a11405a/frameset.htm

http://help.sap.com/saphelp_nw04/helpdata/en/57/dd153c4eb5d82ce10000000a114084/frameset.htm

http://help.sap.com/saphelp_nw04/helpdata/en/e2/f16940c3c7bf49e10000000a1550b0/frameset.htm

http://help.sap.com/saphelp_nw04/helpdata/en/04/7b95fb42b0f94aba334c0890dbbda4/frameset.htm

Regards

CSM Reddy

[Former Member]

May I suggest

Business Accounting Volume 1 by Frank Wood

From a personal point of view if you are employed writting FI reports as a BW consultant then a knowledge of P&L and Balance Sheets is an absolute must

Failing that - rather than rewrite Frank Wood - please just do some background on Financial accounting - profit and loss accounts and balance sheets or sit down with a FICO consultant for half a day and get him to teach you

Balance sheets hold the value of assets, liabilities and capital at a point in time

These are based on groupings of specific GL accounts - the other GL accounts are known as Profit and Loss accounts

Each year the profit for the year is taken off the profit and loss account and transferred into the balance sheet into the retained earnings accounts

Various reports can work off the balance sheet - workign capital and economic profit calculation, cashflow etc..

I really suggest you do some background reading