Answer / kishore

retained earnings means carry to the netprofit / netloss
into balance sheet to the liabilities side . we have
add/substract from the capital. it shows the companies
profit position

Answer / sibun

In sap We assign retain earning a/c to each and every g/l
account by specify P/L account statement type in the chart
of account area of G/l account.

We can create more than one retain earning a/c.

At the end of the year loss or profit of P/l account carry
forward to retain earning account.

Answer / phani sirimulla

It is a bridge to flow the profit/Loss to the Balance Sheet.

Answer / deepak

retained earnings means carry forward the balance from profit & loss to balance sheet a/c. without create a retained earning account you can't create a g/l account

Answer / narendra

retained earnings means carry to the netprofit / netloss
into balance sheet to the liabilities side . we have
add/substract from the capital.

Answer / vijay

The amount which company kept with them before distributing
share holder is called Retained Earnings

Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs

0 Answers  

1. What is Spec? 2. If you run AP program without giving next payment rundate then system what erros throughs? 3. How do you calculate depreciation in SAP? 4. What depreciation Terms? 5. Where so you assign the plant?

0 Answers   Accenture, IBM,

What is special purpose ledger?

10 Answers   KPMG,

What is the configuration setting to be done for posting the accrual in the actual costing run?

0 Answers  

In using kob1 tcode for actual line items, I want to know if we can make it display line items month wise.do i need ABAP for it or can i use ABAP Queries? I want to see the line items for the internal orders monthly

1 Answers   PiTech, TCS,

Change of General Ledger Cost Assignment :- We have two major company codes and plus a minor one. In order to assign intra and inter company costs correctly SAP was set up to assign cost at goods issue to the general ledger account 100000 according to plant. Now we combined two company code into one. Every end of month we must re-class costs out of the plant cost center into the cost center associated with the sales office. It is possible that we directly assign cost to cost center of cost office, how can it be possible? Please tell me how we can make this process easier. Thanks in advance, Manoj

0 Answers  

What is born in sale?

1 Answers  

5) What is the use of Rec.account and open item management, for which account we

3 Answers   IBM,

How we define void reason code in SAP?

4 Answers  

When defining a new ledger in the special purpose ledger, how can you retrospectively populate fi data for a previous fiscal year?

0 Answers  

WHAT ARE SEGMENTS IN AP, AR AND GL? WHAT IS THE MEANING OF PARTIAL AND RESIDUAL PAYMENT METHODS? WHAT IS THE MEANING OF AS IS AND TO BE DOCUMENT IN ASAP METHODOLOGY?

2 Answers  

What is a chart of accounts and types of coa in sap ?

0 Answers