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In SAP what is the use of FSV ( Financial Statement Version)?

In SAP what is the use of FSV ( Financial Statement Version)?

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In SAP what is the use of FSV ( Financial Statement Version) ?

Answer

    FSV ( Financial Statement Version) is a reporting tool. It can be used to extract final accounts from SAP like Profit and Loss Account and Balance Sheet. The multiple FSV’s can be used for generating the output of various external agencies like Banks and other statutory authorities.

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