Question { 3245 }

How the conversion of p&l to balance sheet account can be
done in Sap?

Answer

there is retain earning account config is there to transfer the balance from p&l to balance sheet

Question { CG, 3828 }

Where can we see existing Validations and Substituitions ?

Answer

t code was ggbo for validations and ggb1 for substitutions

Question { Genpact, 5692 }

which level create company code in state level and country level and briefly explain company and company code process suppose example reliance jio is the company code is it create reliance jio in 29 states 29 company code plz explain

Answer

Hi as per my knowledge company code is created at country level mainly used for statutory reporting purposes and know the profit and all others purposes. as per your examples reliance jio is will be created at company code level coming to states will treated on other concepts like business areas or profit centers

Question { Deloitte, 9143 }

If your client say to you that u have to maintained to retained earning account in our co. code , tell me the processor in detail ? what are the benefit for 2 retained earning a/c in same co. code?

Answer

when company want to show the profits operational profit and non operational profits separately then they use two retain earning account