Dear user,
I’ll try to rephrase what’s it’s been written in the SAP Help documentation and bring some extra explanations which, I hope, will be clearer for you.
Semantic tags are basically a way to tell SAP what each part of your Financial Statement Version (FSV) actually means in business terms. You’re saying:
“This section is revenue,” or “That account is for fixed assets,” regardless of your local account structure or naming.
They're especially useful when you're working with SAP Analytics Cloud (SAC) or Group Reporting because those tools need a consistent way to understand financial data and they rely on these tags to do that.
They don’t change your data. They don’t trigger postings.
All they do is label accounts or FSV nodes with standard business meanings so SAP knows how to treat them behind the scenes.
For example:
- You assign FPA1_REVENUE to your sales accounts.
- You assign FPA1_COGS to your cost of sales accounts.
- When SAC or Group Reporting pulls data, they know which accounts to use in the income statement.
Without semantic tags, SAP wouldn’t know that your account 400000 means “Revenue” — and your data wouldn’t show up correctly in planning models, reports, or consolidation views.
I hope those elements will help you understand more about semantic tags.
Best regards,
Jeremy
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