FSV

[Former Member]

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Hi gurus,

Howmany FSV's can we create in a company code?

What is the necessity to create different FSV's?

Please send if anybody has FSV Docs to following mail ID.

nallamothumb2007 at yahoo.co.in

Thanks

Murali

[Former Member]

Hello sir,

Thanks for your quick response. I need to clarify one doubt.

we are using two FSV's

1. As per companies act

2. As per Income tax act

some dep.rates are different between I.T act and Companies Act.

How can we map this difference into SAP.

Thanks in advance

Murali

[Former Member]

Hello sir,

Thanks for your quick response. I need to clarify one doubt.

we are using two FSV's

1. As per companies act

2. As per Income tax act

some dep.rates are different between I.T act and Companies Act.

How can we map this difference into SAP.

Thanks in advance

Murali

[Former Member]

Hi Murali,

1. FSV is used for reproting purpose.

You can define the versions you need to create a balance sheet and profit and loss statement.

You can define versions for a specific chart of accounts, for a group chart of accounts, or without any specific assignment.

You then determine the financial statement items for your version.

You assign groups of accounts to the items at the lowest levels of the hierarchy. You can select the criteria that determine which items the accounts are displayed in. For example, accounts or groups of accounts can be assigned to particular items based on their balance.

Alternatively, you can also assign functional area intervals at the lowest level of the structure, instead of account intervals. Either account intervals or functional area intervals can be assigned to a financial statement item. You must explicitly define financial statement versions to which functional areas are assigned as such. You do this by setting the "Fun.area allowed" indicator. This financial statement version can then also be used by the notes to financial statement in the G/L account information system.

Pls let me know if you need any information on the same.

regds

AA

[Former Member]

Hello sir,

Thanks for your quick response. I need to clarify one doubt.

we are using two FSV's

1. As per companies act

2. As per Income tax act

some dep.rates are different between I.T act and Companies Act.

How can we map this difference into SAP.

Thanks in advance

Murali

[Former Member]

Hello sir,

Thanks for your response. I need to clarify one doubt.

we are using two FSV's

1. As per companies act

2. As per Income tax act

some dep.rates are different between I.T act and Companies Act.

How can we map this difference into SAP.

Thanks in advance

Murali

[Former Member]

Hello sir,

we are using two FSV's

1. As per companies act

2. As per Income tax act

some dep.rates are different between I.T act and Companies Act.

How can we map this difference into SAP.

Thanks in advance

Murali

[Former Member]

Hi gurus,

Howmany FSV's can we create in a company code?

What is the necessity to create different FSV's?

Please send if anybody has FSV Docs to following mail ID.

nallamothumb2007 at yahoo.co.in

Thanks

Murali

[Former Member]

Hi Murali,

If you are talking about Financial Statement Version (Thru F.01 reports can be seen)

You can prepare as many FSV's as you wish in T.Code: OB58 and for ur Chart of Accounts

In each FSV the respective GL Accounts need to be maintained which can or can not be in the other FSV's per your requirment

Provide points of satisfied

Regards

Dinakar