What does a balance sheet typically include in SAP FI?

A balance sheet in SAP FI provides a comprehensive snapshot of a company's financial position at a specific point in time. It includes the assets, liabilities, and equity, which are essential components for understanding the company's financial health.

Assets represent what the company owns and can include current assets (like cash and inventory) as well as non-current assets (like property and equipment). Liabilities are what the company owes to external parties, encompassing both current liabilities (due within one year) and long-term liabilities. Equity represents the residual interest in the assets of the company after deducting liabilities, which includes shareholder funds and retained earnings.

By including these three components—assets, liabilities, and equity—the balance sheet gives stakeholders an overview of how resources are allocated within the company and how they are financed. This information is crucial for making informed decisions regarding the company’s financial strategy and operational direction.

The other options lack key components of a balance sheet: focusing solely on current liabilities, income and expenses, or just cash transactions does not provide a full financial picture necessary for analysis and decision-making.