What is retain Earning Account in SAP and How to use it in SAP?
- 1 Answers
- 5667 Views
- I also Faced
- E-Mail Answers
Answer Posted / omprakash panna
Retained earnings accounts:
In the year end: P & L account balances transfer to surplus in P & L A/c Reserves & Surplus, Balance Sheet A/c balances –carry forward to next year as opening balance.
This is required in the year end and not during the implementation. SAP has made mandatory this step during the implementation. If the consultant does not do this step, we will have problems in the year end.
The transaction code is OB53 .
Give your chart of accounts enter.
Account assignment
P & L Statement type ‘X’
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
What is the time-dependent data in an asset master? : fi- asset accounting
What do you mean by balances in local currency only? : fi- general ledger accounting
How is master data different from transaction data?
Hello everyone, can any one please give me the full configuration step by step of COPA in CO.It's very urgent. Plz send it to my mail id- sandip.palit81@gmail.com Thanks in advance.
What is a field status group? : fi- general ledger accounting
What is a credit control area in sap ?
Which server configurations of mysap business suite will be supported on linux?
What is mean by DME , IN APP WHERE IT ASSIGN
hi this is ganesh i am having experiance in finanace ,my graduation -B.COM+ONE year excutive MBA i am looking coaching for SAP(FICO) from realtime experiance person from BANGLORE --if any body is their please mail me -to---ganesh.isbm@gmail.com Thanking you Regards Ganesh
Explain manual primary cost planning? : co- cost center accounting
what is sub contract ?
What is SAP landscape experience? Who will deal with this? How much experience does a candidate have?
What are organisational units in sap ?
What assurance the integration of all application modules?
What is partitioning characteristic in co-pa used for? : co-pa
