Interested to Buy Any Domain ? << Click Here >> for more details...
What is retain Earning Account in SAP and How to use it in SAP?
- 1 Answers
- 6594 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 are the direct allocation methods of posting in co? : co- cost center accounting
What are the 3 errors that you must have faced during Support?
What is the time-dependent data in an asset master? : fi- asset accounting
Pls help me in Auditing (SAP). I found a big amount in Exchange rate diference a/c, How I can Audit Exchange rate Difference,,, Which area I have care to find the fault?
How you can import electronic bank statements into sap?
while performing the standard cost estimate will it be generated accounting entries?
What are all the major components of a chart of accounts?
Explain dummy cost center
In sap fico what are the terms of payment and where are they stored?
When we configure Electronic bank statement first time. Do we need help of ABAP team at the time of configuring the same?
How are depreciation keys defined?
How are controlling areas and company codes related?
What is cost element? : cost center accounting
Differentiate between residual payment and part payment.
what is delta posting red foreign exchange.
