Answer / smv

This is Retained Earning Account Which help to Carry forward P&L result to Balance Sheet (Transaction key - BIL)

* In OB53 for the chart of account We have to maintain a P&L statement acct type and assign a GL Account, than system carry forward p&l result to this account

* If you want to maintain more than one Reserves &Surplus accounts for your chart of account in OB53
Ex :
P&L Statement Account Description
X 100001 Retained earning a/c - cement
Y 100002 Retained earning a/c - Steel

If you maintain more than one Retained earning account you need to select a Retained earning a/c for each GL account while creating GL Masters in FS00

You can get profit and loss result above assigned accounts wise

How FI-AA are intrgrated

1 Answers  

---

Different types of erp?

0 Answers  

---

which option is best in between Business Area or Profit center for generating balance sheet & P/L a/c while using ECC 6.

5 Answers  

---

hi can anybody help me.In year 2007 Ihave completed PGDBM (FIN) after completing this I found that there is no opening for pgdbm (fn) fresher they either have to opt for marketing job or join any callcentre for getting finance job.thereafter someone have suggested me to do SAP FI i did SAP FI but after completing this I again found that there is no demand for SAP FI fresher although our institute have given me faqe experience but they have not given any live project training or any interview training now i dont know whether to concentrate on SAP fi job or pgdbm fin job Im in great depression lease someone help me &tell me the way where to go

6 Answers  

---

tell me Journal entries passed in system from the time of good receipt to payment.

7 Answers   HCL, Suzlon,

---

---

What is Maping in SAP? What is customization? What is Configuration?

1 Answers  

---

What is collective processing of gl accounts? : fi- general ledger accounting

0 Answers  

---

1.What is Dependent co code & Business Area. 2.what is the diff b/w MIRO & MIGO. Thanks

4 Answers  

---

how to enter the TDS amount deducted by customer.what customization is required please explained me

3 Answers  

---

What is a call-up point? : co- cost center accounting

0 Answers  

---

If we are Maintaining diffrent tax Percentage rates in FTXP and pricing Procedure? what will happen in Accounts? which percentage will taken by system at the time of posting?

2 Answers   PWC,

---

What are non-fixed characteristics or user defined characteristics? : co-pa

0 Answers  

---