Consolidation COA and FS Items Overview

Consolidation Chart of Accounts (COA)

• A consolidation COA systematically groups financial statement (FS) items for group reporting.
• Local COAs use general ledger (G/L) accounts with varying detail levels.
• Group reporting needs a uniform aggregation of operational data across the group, requiring at least one consolidation COA.
• The predefined COA is Y1; custom IDs aren't supported.
• If Y1 doesn't suffice, modify FS items within Y1 (refer to SAP Note 2659656).

Financial Statement Items (FS Items)

• FS Items represent accounts in group reporting.
• FS Items are tied to the consolidation COA.
• Pre-defined FS items exist in SAP S/4HANA Finance.
• Each FS Item maps to one or more G/L accounts, enabling consolidation data collection, posting, and reporting.
• FS Items appear in balance sheets, profit & loss (P&L) statements, statements of retained earnings, and metrics/key figures.
• FS Items update via file upload or the Define FS Items app.
• Multiple hierarchies can be created for FS Items.
• G/L account mappings for FS Items update through file uploads.

FS Item Attributes

• FS Items have three attribute types: Basic Data, Selection Attributes, and Target Attributes.

Basic Data Attributes

• FS Item Type: Required; indicates FS item nature (e.g., income, expense, asset, liability/equity, statistical, reporting).
• INC: Income items (P&L)
• EXP: Expense items (P&L)
• AST: Asset items (Balance Sheet)
• LEQ: Liability/equity items (Balance Sheet)
• STAT: Statistical items (record financial/non-financial data—not directly in P&L/BS)
• REPT: Reporting items (reporting characteristics, define report row/column structure; requires defined reporting rules for calculations)
• Is Consolidation Item: "YES" for consolidation-specific items (e.g., goodwill); these don't require G/L mappings.
• Blocked for Posting: Used to prevent postings.
• Breakdown Category: Determines which subassignments are recorded in the ACDOCU table for each FS item.

Selection Attributes

• Used in consolidation tasks to automatically select related FS Items based on attribute values.

Target Attributes

• Used to derive one FS Item based on another.
• Commonly used for automatic offset postings in reclassification rules (e.g., Elimination Target).
• The system identifies the target FS Item automatically based on master data, simplifying reclassification rule setup.

FS Item Attributes: Purpose and Assignment Relation

• FS Item Role is a selection attribute used for calculations (annual net income, deferred tax, retained earnings, etc.).
• Each FS Item can have only one role in a given fiscal year, period, and consolidation version.

This quiz covers the essentials of Consolidation Chart of Accounts (COA) and Financial Statement (FS) Items as it pertains to group reporting. Learn about the uniform aggregation of operational data, predefined and custom FS items, and how they interact within SAP S/4HANA Finance. Test your knowledge on the fundamental concepts and practices surrounding these key financial reporting components.