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Chapter 12 ■ Financial Statement Versions (FSV)
FSV is a combination of G/L accounts structured in hierarchical levels that are defined in the financial
statement version’s directory and assigned to appropriate accounts. You can define more than one FSV to
a specific chart of account or to a group of chart of accounts. Basically, FSV allows you to assign groups of
accounts to items in the hierarchy.
Let’s look at how to define a basic FSV in SAP.
Define Financial Statement Versions
In this exercise, you go through the various steps involved in customizing FSV. You can define your own FSV
from scratch or copy a predefined FSV supplied by SAP and modify it.
Problem: The accounting team is not sure of the benefits and function of an FSV. You have
been asked by company C900 Plc to advise the accounting team on the benefits of using an
FSV and then to create an FSV in SAP ERP.
To define an FSV, follow one of these menu paths:
• IMG: Financial Accounting (New) ➤ General Ledger Accounting (New) ➤ Periodic
Processing ➤ Document ➤ Define Financial Statement Versions.
• IMG: Financial Accounting (New) ➤ General Ledger Accounting (New) ➤ Master
Data ➤ G/L Accounts ➤ Define Financial Statement Versions.
You can also use transaction code OB58.
The Change View Financial Statement Version Overview screen is displayed. Click the
button
at the top of the screen to go to the New Entries: Details of Added Entries screen, where you will specify the
key for your financial statement version and describe the FSV’s general specifications (Figure 12-1).
Figure 12-1. Initial entry screen where you start your customizing
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