S4HC - Financial Statement IFRS

[former_member111137]

Dear Experts,

can you indicate us which is the best practice to build a Financial Statement in S4HC according to IFRS principles?

If we create a G/L Account by nature and then we need to reclassify accounts by destination according to IFRS principles, which is the best practice to adopt?Creating different G/L accounts or using other dimensions (as Functional Areas)?

Thanks a lot 

Kind Regards

[former_member132363]

Here are some SAP resources you may review based on your topic "create | financial statement ifrs | financial statement | ifrs principles | g/l accounts | s4hc | practice"

Post-Capitalization in Asset Accounting

Dec 6, 2018 ... Search - SAP S4HC Communities S/4HANA Cloud Customer Community. All ... Create new Asset master record with the Post Capitalization checkbox enabled. ... which are now closed due to financial statements having been finalized. ... c) The Balance as income into a Profit and Loss GL Account called?...

https://blogs.sap.com/?p=140