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I need to create a GL account but I encounter an error . No
PCA00L statement account type is defined chart of accounts
CA00. So I try to maintain the retained earnings account in
OB53 but I still encounter an error that I need to create
an account first in FSP0 before I can maintain the retained
earnings account. How should I proceed with this issue.
Thanks!

Answer Posted / nagesh

Hey that is information message if it comes press enter it will take that a/c. system informing you that you r giving retained earnings a/c which is not created yet
later you have to create that a/c.

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