What Items are required in a ‘Financial Statement Version’?

Irrespective of the details you require in a ‘Financial Statement Version’, it is mandatory that you have, at least, the following items defined:

1. Assets
2. Liabilities
   1. Net Result: Profit
   2. Net Result: Loss
3. P/L result (during annual closing, when you run the program RFBILA00, the system calculates the profit or loss by subtracting the ‘total liabilities’ from ‘total assets’ and updates the relevant Net Result item—Profit or Loss).
4. Not assigned (posted amounts but not yet assigned to any of the account groups).