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what is retained earnings? What is the use of that?
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Answer Posted / 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.
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