Saturday, May 14, 2011

When you copy the chart of accounts [COA], only one financial statement version [FSV] is being copied. However, a COA can have more than one FSV. Why does copying the COA allow only one FSV.

An FSV corresponds to the COA, wherein individual [Operational] accounts are assigned to corresponding financial statement items on the lowest level of the FSV. However, in case of rollup of the account, it is not possible to copy all of the FSVs you will have to manually create multiple FSVs, depending on the financial statement that are necessary for the organization.

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