Definicja financial statement item (FI-LC)

Co znaczy FINANCIAL STATEMENT ITEM (FI-LC):

The financial statement item is the key account assignment, and forms the basis for data entry, posting and reporting in FI-LC.

The charts of accounts of the companies to be consolidated (which differ as a result of varying foreign requirements) are standardized in the FS chart of accounts.

Financial statement items are not only used for accounting purposes within the balance sheet and income statement. They can also be used for statistical purposes (number of employees) to produce the group reports.

The types of financial statement items used in FI-LC:

Value items Totals items Ratios

The FS item is identified by a 10-digit number.

To prevent the FS chart of accounts from becoming unwieldy, FI-LC has the following additional account assignments:

Trading partner Transaction type Transaction currency Year of acquisition