Balance of Retained Earning Account

Hi Gurus,
I am executing transaction FAGLGVTR for transferring balance to retained earning account but when i see the balance of retained earning account in FBL3N, balance is not changing.
It is same as previous.
Please help me in solving the issue.
Thank You

Hi
Please review notes 176067, as there is no possibility to view line item display. The opening balance on the retained earnings account consists of the following:
Opening balance = Closing balance of the previous year + Retained earnings from the P+L accounts
Within the balance carryforward, the P+L accounts are carried forward to the retained earnings accounts on the balance sheet (definition in Transaction OB53).
No documents are created with this, hence the balance
carryforward cannot be carried out via the line item display.
Best Regards
davide

Similar Messages

CONSOLIDATION Package not updating Retained Earning Accounts(7.5NW, SP09)

Hi all
During consolidation data manager package run, the package is not updating "retained earnings accounts from PL and BS" of income statement items which are belongs to IC elimination.
please provide your feed/advice on this issue
thanks
ramana

Hi Tom
I am running datamanager package for consolidation for ic eliminations and consolidation of investments and have 4 business rules for income statement related ic eliminations which are causing issue by not updating retain earning accounts from balance sheet and income statement account.
i have defined one retained act with BS LEQ and the offset account with income statement account.
I am thinking what is the best way to define the retained earning account, can i define both accounts from BS LEQ level or
income statemnt side and balance sheet- leq?
process will be first load data in LC , default logic , currency translation and then followed by consolidation package is the process.
thanks
Ramana

Retained earning account

Hi every body
retained earning account generl ledgher balance vari fbl3n and fs10n .
fbl3n -162736.40
fs10n carry forward balance -115276.40.
we will click cumulative balance will get correct balance-162736.40

Dear
If you carry out year ending carry forward GL balances FAGLGVTR and Receivables/Payables F.07 you will not get this difference.
Regds

Two Retained Earning Account

Dear Expert,
What is the use for making Two Retained Earning Accounts.
Regards,
David

Hi,
Business want to devided net profit / Net Loss with Operationg / non - Operating Loss of Gain then you can create morethan one retained earning accounts.
when you create morethan one retained earning account, you should select retained earning account indicater during P&L GL master creation.
regards
Viswa

Retained Earning Accounts

Dear Friends,
Can we passed the adjustment JV for Retained Earning Account directly for previous fiscal year.
Please explain this.
Thanks,
JD

Hi,
You cannot post directly to the retained earnings account. You have to post to a normal P&L account which will take its effect on the retained earnings account.
Regards,
Mike

Retain earning account balances

Hi gurus,
I have one problem at the time of uploading legacy balances. i had uploaded the 01.04.2009 balance sheet balances & i face some issue that the net profit which is not display in balance sheet. how can i get or display the net profit of net loss balances in balance sheet?
can i have to upload the legacy retain earning balance through transaction to match the net profit or loss? please suggest me how to workout this issue?
(we are not uploading the Profit & Loss account legacy balances)
Warm regards,
Dhananjay Rahane.

Hi,
Check in OB53, whether you have created a retained earnings account for the chart of account. Under normal circumstances,
this will show you the net of income over expenses of the P&L account transactions and it is a automatic posting in your
financial statement version. If you upload the P&L account balances, the retained account is automatically populated.
If you are not going to upload P&L balances, how the trial balance will tally ? Otherwise you have to directly upload the
balance.
Warm regards,
Sadashivan

FS10N Opening balance difference (Retained Earnings Account)

Hi,
We are getting opeing balance difference in FS10N balances from 2007 to 2008 (retained earnings accounts)
1. We have carry forward the 2007 balances to 2008 through T.Code : F.16
2. We are getting difference in 4 company codes.
3. But there is no difference in T.Code: FBL3N
Company      2008                            2007
1000     20,457,623.98     20,635,622.78
Difference     =     177,998.80
1001     49,091,242.21     48,913,243.41
Difference     =     177,998.80
1002     394,867,485.91-     396,028,401.55-
Difference     =1160915.64
1003     2,556,851.66-     1,395,936.02-
Difference     =1160915.64
Can you please let us know why this difference is comming ?
Thanks
Madhusudan

If you are using ECC use T. code FAGLGVTR - Balance Carryforward (New)
F.07 - Balance Carryforward for Vendor/customers
then only it shows the correct picture.
when FBL5N is line item report it is no way relavent to balance carry.
this may solve your problem
assign points if it help

Difference between Cl. balance & Op. balance in Retained Earning A/c (ECCS

Hi,
We have an issue in EC-CS Consolidation.
Retained Earnings (RE) Closing balance is not matching with opening balance of next year.
I noticed that there are some postings in one FS item - 300950: Net Income-Current Year for Consolidation, which caused the difference in Closing & Opening balances.
Unit Item SIC Subitem PU PL Aptn Tran DT TC TC value LC LC value GC value
000350 300950 00 USD 86,588.24 USD 86,588.24 103,894.64-
000350 300950 00 1 USD 0.00 USD 0.00 196,806.22
Amount 196,806.22 is the difference value. When I drilled down on this amount, there are postings with posting level '00' & Translation indicator '1' in few periods as below which added to 196,806.22.
Ledger E1 Group currency CAD Cons unit 000350
FS item 300950 Subitem category Subitem
Partner unit Cons group Investee unit
Orig. CC Posting level 00 Apportionment 0
Translation 1 Document type Acquis.year
Period of acq. 000 Trans.currency USD Unit of measure
Local currency USD
Per TC value LC value GC value
0.00 0.00 0.00
1 0.00 0.00 0.00
2 0.00 0.00 0.00
3 0.00 0.00 0.00
4 0.00 0.00 0.00
5 0.00 0.00 0.00
6 0.00 0.00 762.38-
7 0.00 0.00 817.07-
8 0.00 0.00 37,441.32
9 0.00 0.00 68.46
10 0.00 0.00 973.35-
11 0.00 0.00 161,044.45
12 0.00 0.00 804.79
0.00 0.00 196,806.22
I came to know that these differences are due to translation.
Can any one please let me know in detail how to rectify this issue.
Thanks a lot!!
Hari
Cross post

Continuing to below thread, we observed that these difference are due to posting to FS Item / GL Account - FX Gain/Loss-Unreal.
When the posting happens, for reference value, system is translating at exchange rate type 'M' (Daily avg rate) and for GC value, system is translating at exchange rate type '0012' (Monthly avg rate).
Due to different translation rates, translation differences arise. This translation difference is causing variation between closing balance and opening balance in Retained Earnings.
Other FS items are also having translation differences, however these differences are not causing any problem.
Please let me know how to carry forward these translation differences to Retained Earnings Opening balance
Regards
Hari

Retained earning

Hello friends,
Whenever i see trial balance,i see balance in retained earning account.But i want to get the details of it.
From where i can get the details of it.which tcode will be useful..
Kind regards,
Greeshma

Hi,
Retained earnings account is the balance of P&L accounts which system posts when you do balance carry forward as part of the year end operations. You have to link all the P&L accounts to Retained earnings account. You can see the line items for this account if you go to FS10N and double click on the balance column which will show the current balance of this account. Hope this helps.
Regards
Suresh

Display of Retained Earnings account

Hi All,
Kindly give me the T.Code to display Retained earnings account balance.
Thanks,
Raj

Hi,
In SAP standrad, you just can have the balance of retain earning account when you run balance carry forward at the end or the year. But you can do like that to see the balance:
1/ In financial statement version (OB58) create 1 item as retaim earning include retain earning account, net loss and net profit.
2/ You run financial statement report (S_ALR_87012284 - Financial Statement), it will lumpsum for you to see the balance.
Some idea,

Retained earning carry forward

Dear All
For the fiscal 2008 the FAGLGVTR has been run , but the balance of aclculated profit is not been C/F to Retained earning account
Pls guide
Regards
Veena Kunthe

Hi,
Make sure that retain earning account defined in OB53 is balance sheet account in chart of account.
Also see the following notes:
Note 68564 - FI-LC: RGCVTR00: incomplete balance carried forward
Note 402917 - Balance carryforward is not correct
Note 156034 - SAPFGVTR:FU036 Cannot carry forwd balance for company code &
Note 176067 - Balance carryforward: Not equal to prev year closing balance
Thanks
Javed

Retained Earnings Account query

Hi Folks,
At Ledger level we can assign one balancing segment value for Retained earnings account , where as if we have multiple balancing segment values in same BG LE and OU so how we can differentiate the retained earning account balances for different balancing segment values.
Regards
Prasanth

Hi Rupa,
Thanks for your reply,
Sorry for inconvience, actually my query is as follow.
We have single ledger with multiple balancing segements , we will enter multiple transactions for each balancing segment values. but we can assign only one balancing segment at ledger level how system will create other balancing segment retained earnings account , and how it will get effect.
Ex:- Balancing segments (1, 2, 3, 4, 5) we will assign only "1" at ledger level. later we entered transanctions for "2" , "3" vis versa, how system will generate retaned earnings account combination for "2" , "3" . based on what functionality it is working .
Regards
Prasanth

Retained Earings Account in FSV

Hi Guru's,
I am facing some problem in Balance sheet Report ( using FSV) , my client requirement is balance sheet separate and p & L Separate so I am using two different FSV . Here P & L is perfect .
If I execute the balance sheet report, Retained earnings value is not flowing , because few month back only go live happened here ,(end of the year only we are carry forward the balance, so will not get it ) my client is asking me the p& L balance should be appear in the ( retained earnings account ) shareholders fund , so anyone give me the solution
OR Do i need to update balance carry forward balance for every month (FAGLGVTR - Balance Carryforward ). please advice me.
Thanks & Regards
Sri
Moderator: Please, search before posting

Hi:
You carry forward balances at year end using FAGLFVTR . Only then all accounts are closed to Retained earning accounts. Hence unless you do not carry forward balance to next fiscal year using FAGLGVTR you would not be able to show impacts in GL. Please refer to one of my link given under which contains brief discussion about nature of retained earning account and its impacts.
Retained a/c balance mismatch
Regards

What is meant by Retain earning a/c - only bal car forward or else...?

ABOUT RETAIN EARNING ACCOUNT IS IT FOR BALANCE CARRY FORWARD AND IS IT LIKE A SUSPENSE ACCOUNT....?
help.sap.com

Hello Rony,
Good question.
The design of the system is such that RE is updated during the year end closing only. (At the end of the accounting year). During the year RE is not updated but system shows in the FSV the difference between assets & liabilities = to current yearu2019s profit or loss (up to the period).
Donu2019t worry. Just look at any standard FSV available in the system, copy it and edit it as per your requirements.
Cheers
Ambadas

2 retained earnings account to be maintained

Hi
Our client requirement is we have to maintain 2 retained earning account one is for Previous year retained earnings account and another is for current year.
How to do it
and how the value will flow from the current retained earnings account to previous year retained account

Hello,
Retained earnings account is balance sheet account. At the closing of fiscal year, we need to carry forward balances of P&L accounts to retained earnings account. We have to create Retained earnings account at IMG level. Profit or Loss is carried forward to this account at the end of the year. Normally, companies use one retained earnings account. For this reason, X can be used as the key. In the chart of accounts you enter X in the P+L statement account type field. If you want you can use more than one REA in ur co code.
Have you done any time year end closing functionally?
What we will be doing is drawing the "P & L account" transferring all balances in Rev & Exp to "P & L acc".
This P & L account in SAP is widely called as retained earnings account. At the end of the period, all your Rev & Exp are posted to this account which is a Balance sheet Item. This you are identifying as Retained earnings account type X and assigning a GL account. When you create this as a GL account system understands that this is Retained earnings account.
Profits of the organization are always Liability. Losses are Assets. As profits form part of "share holders funds".
You assign this retained earnings account in your financial statement version in such a way if the balance is credit in the liability side and if the balance is debit then asset side
Thanks
Para

Balance of Retained Earning Account

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