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
- 6637 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
How does master data differ from transaction data in co? : co- general controlling
How many dunning levels can be defined? : fi- accounts receivable
Describe mass change/how do you achieve this? : fi- asset accounting
What is pre-closing? : fi- general ledger master data
May i know the difference between Direct capitalisation and AUC capitalisation in Fixed Assets
What is the difference between olap and data mining?
The function code at presently active is determined by what variable?
What is year end closing? How do you perform a carry forward commitment? : cost center accounting
hi this is ganesh i am having experiance in finanace ,my graduation -B.COM+ONE year excutive MBA i am looking coaching for SAP(FICO) from realtime experiance person from BANGLORE --if any body is their please mail me -to---ganesh.isbm@gmail.com Thanking you Regards Ganesh
Hi I'm looking for two SAP Project Manager (one specialized in MM/PP, one in FI) for Automotive, based in Compiègne (Oise, France). Should somebody give me an idea to find these persons ? thanks a lot !
How many currencies can be configured for a company code?
GL posting as per order type :- Hi, We have a requirement "For free of charge order zfd , all these orders should hit one GL irrespective of movement type (it may 901 or 601)"
What is payment advice? : fi- accounts receivable
Is there a SAP Standard Workflow Task that can be assigned to Master Data creation in SAP like GL Master (FS00), Vendor / Customer Master
What is an operating concern and what is its relationship with a controlling area in co?
