SAP FICO TUTORIALS-
FINACIAL STATEMENT: A Step-by-Step Guide-
Introduction-
FINACIAL STATEMENT-OB58
Financial statements are the lifeblood of any organization, providing a snapshot of its financial health, performance, and position.In SAP Financial Accounting and Controlling (FICO),the generation of financial statements is a critical function for reporting, analysis, and decision-making....
1)Importance of Financial Reporting: Accurate and timely financial reporting is essential for any business to monitor its financial performance,comply with regulations,and make informed decisions. SAP FICO's OB58 transaction is a key tool in this process.
2)Complexity of Financial Statements: Generating financial statements involves multiple steps,configuration, and data processing. Understanding and effectively using OB58 can save time, ensure accuracy, and provide meaningful financial insights.
GO TO TCODE -OB58
Follow Path-
SPRO>ENTERPRISE STRUCTURE > FINANCIAL ACCOUNTING >GENERAL LEDGER ACCOUNTING NEW >FIELDS >BUSINESS TRANSACTION >CLOSING >DOCUMENT >DEFINE FINACIAL STATEMENT VERSIONS-OB58
SELECT-NEW ENTRY
CREATE-ENERG Pharmaceuticals - Financial Statement
SELECT-CREATE ITEM-BALANCE SHEET
SELECT-BALANCE SHEET-OTHER NODES
SELECT-ASSIGN ACCOUNTS
SELECT-SAME ASE ABOVE-BALCE SHEET
NEXT
*)SELECT -SAVE
Profit and Loss Account- THEN - ASSIGN ACCOUNTS
*)SELECT -ENERG Pharmaceuticals - Financial Statement
*)SELECT -SAVE