This lesson introduce the keytool required for creating financial statements and profit and loss statement.
People who interested in financial statements are :
- Internal audit : Versi Financial statement IN01
- External Audit : Versi Financial statement EX01
- external auditor : Versi Financial Statement AU01
The financial statement version enables you to configure the report format. You determine the following :
- Which items are to be included annd the sequence and hierarchy of these items
- The text describing the items
- The chart of account and the individual account relevant to the report
- The totals to be displayed
You define the financial statements version in two steps :
- Enter it in the directory of financial statement version
- Define hierarchy levels and assigns account
Each versions must have the following “special items”
- Asset
- Lialibilites
- Profit
- Loss
- Profit and Loss result
- Account not assigned
- Notes to financial statement
The net profit or net loss is only determined from account that are assigned to asset and lialibilities items. a financial statement versions consist of a maximum of 20 hierarchy levels.
- Assigns items to each level. The system calculates a total/subtotal for each items, which is then displayed when the program run.
- Assigns text to each item
- Assigns the accounts whose balance and account name are to be listed to the lowest level