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Former Member
Oct 09, 2014 at 10:05 PM

Sign reversal on financial statements


I'm new to SAP and new user in my company.

I generate a Profit&Loss statements and I get the signs of account balance sort of messed up.

They show up the arithmetic substract operation of DEBIT less CREDITs, even for say Income accounts.

So, my company's statement says we have -3,500,000 in our income account when we actually have a 3,500,000 profit.

It is confusing to me.

The accountants here says it is as it is, but I wonder if there is any place, any configuration where I can setup a sort of sign reversal flag for the accounts depending on its nature, i.e. if they are assets, liabilities, income, expenses, etc.

Where can I setup this or how?