How to create a new Financial Reporting Structure hierarchy in MDG-F

 1. NWBC, role SAP_MDGF_ACC_MENU_04 / menu Financial Accounting Governance

2. Navigate: Search -> Financial Reporting Structure

3. Click “New” button, to create a new Fin. Reporting Structure.

4. Enter obligatory data (Chart of Account, FRS, descriptions…), press Enter

5. Scroll down / expand frame Financial Reporting Structure Items. Create all required FRS items

and sub-items (used later as hierarchy nodes in hierarchy maintenance), by pressing “New”

button repeatedly. You need to create at least the following 7 special items required later:

• Assets

• Liabilities & Equity

• Net Result – Profit

• Net Result – Loss

• P&L Result

• Financial Statement Notes

• Not Assigned

[Doing so, you repeatedly navigate onto FRSI detail screen back and forth.]

6. Once these items are created, scroll down to frame “Financial Reporting Structure Special Items” below, and enter the above created 7 items in relevant 7 input field. These are obligatory attributes. Values can be selected from value help:

7. Submit change request. Note following messages: 

Explanation: Yes, we have not yet built the FRS hierarchy structure. See next steps…

8. Go to MDG-F menu Financial Accounting Governance, and in frame “Processing of Multiple 

Objects”, click on “Process Financial Reporting Structure Hierarchy”. 

Enter Edition, Chart of Accounts and your Financial Reporting Structure name, press “Continue”.

9. You are now in FRS hierarchy maintenance. Switch to “Edit” mode. See your hierarchy is still 

empty.

• Insert the previously created 7 special items as first level items, and bring them in 

required order, depending how the Financial Statement Version is required by FIN team.

Select the line with your hierarchy top node (FRS) and press the “Insert” button, 

selecting “FRS Item…”

• Select your items and insert them all as Sub-node

 • In same way, assign or create any FRSI sub-items or directly insert relevant GL accounts 

and / or GL account intervals as sub-nodes below relevant FRS items / sub-items. This is 

very individual.

10. Once all is maintained and all GL accounts are included as required, validate your change 

request and send it for approval.

11. At final approval, the FRS will be replicated. Unless there are setting issues, you will see the FRS 

in target system in transaction OB58 afterwards. Important for replication: The GL accounts 

themselves must already exist in the target system. In other words, GL accounts must already be 

successfully replicated before.

Remark: This is the general procedure. A lot of detail settings like counter items, +/- signs etc. are 

omitted. For detail settings, read corresponding S/4HANA documentation about maintenance in 

OB58.