Consolidated Retained earning or Net Income calculation

Hi.
I want to know how the Consolidated Retained earning or Net Income calculation will be done under BFC.
Is this will be done through Consolidation Rules? or Formulas?
Please Reply.
Thanks.
Sarvesh Nikumbh

I would create a formula in category scenario which calculates the retained earnings account out of summation of p&l accounts.
Cheers
Udo

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Retained earnings/annual net income differ in B/S and I/S

When we run Cxcd, the above message appeared and i tried so many way and could not find a solutions to fix the problem
Please advise, you help greatly appreciated
Thank you
Bali

Hi Rick,
Are you able to solve this issue.
Right now we are facing the similar issue.
Retained earnings/annual net income differ in B/S and I/S
Could you please tell me how you overcome this issue..?
Thanks
Praisty

ECCS - Transaction CXCL - Item Substitution / Calculation of Retained Earni

Hi
We have migrated from FI-LC(R/3 4.7) to EC-CS (ECC 6.0). While
executing the Transaction CXCL - Item Substitution / Calculation of
retained earnings, for some of the Consolidation Items, system
automatically posts offsetting entry to Contra Item though we have not
maintained Contra Item in the FS Item Master Record (Transaction Code
CX13).
We have not maintained and Reclassification Methods also.
Can anyone give some clue about this?
Raman
email: [email protected]

We changed the unit from flexible upload to EC-CS to upload to FI. At this time we changed the unit masted data from flixible upload to rollup and added it to the rollup sets for GL25. We entered year to date numbers in FI for year to date november manually then did the first upload to FI and rollup to EC-CS for month of december which picks up current month. Prior to doing this when we uploaded to EC-CS and the ran CXCL "item substitution/calculation of retained earnings" it would update the two accounts "Retained Earnings Current Year" and "Net Income Current Year" which are set up for this purpose with both local and group currency. After the changes it began updating only the local currency.
If I do the rollup then run CXCL and run CX34 the CX34 will show a balance in the two accounts for local currency equal to the current month earnings in local currency but the group currency is zero 00.00

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

Consolidation Unit Clearing account for Income / Expenses elimination

Hi,
When companys are leaving the group, where the parent comapany has some income/expenses elimination transactions with the company leaving, there is still balance on the parent company on consolidation unit clearing account with the company leaving the group as partener company.
This shows incorrectely the retained earning for the parent company for posting leve20 when balances on consolidation unit clearing account is not included. Please advise.
We are not unsing COI but we are using Group change functionalities when company leaves the grop.
Furthere, in all auto elimination document type for Balance Sheet Elimination and Income statement elimination, we have assigned same consolidation unit clearing account. Please advise.
Best Regards,
UR

When viewing the results using the standard reporting mode I suspect the balances are okay. Please clarify in detail how the data is being analyzed so we may better assist.

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

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

Net Income account in General Ledger

I have a requirement of finding out a period's (say June-00) Current Profit/loss(Income - Expenses) in GL.
I have enabled Average Balace Option in the Set of Books. I had specified a Net Income Account. Does Net Income account carry standard balances besides average balances? Is it equivalent to Profit / Loss figure for a period?
Any clarifications on this will be highly appreciated.
Thanks in advance
Can somebody

The net income account is defined a non-postable account to capture the net activity of all revenue and expense accounts. It stores the aggregate balances to compute the net income impact on the retained earnings average balances for any given period, quarter or year.
The primary difference between the non-postable net income account adn other balance sheet accounts, is that its balance does not roll forward when you open a new year. Instead, GL resets the account to zero when revenues and expenses are closed out to retained earnings at the end of the year.
You could query this account on line (Inquiry->Average) for the year end (Dec)to ensure that the defined net income account is resetting itself to zero.
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by NRKMurthy:
I have a requirement of finding out a period's (say June-00) Current Profit/loss(Income - Expenses) in GL.
I have enabled Average Balace Option in the Set of Books. I had specified a Net Income Account. Does Net Income account carry standard balances besides average balances? Is it equivalent to Profit / Loss figure for a period?
Any clarifications on this will be highly appreciated.
Thanks in advance
Can somebody <HR></BLOCKQUOTE>
null

Moving Net Income to Balance Sheet with Business Rule

Hello,
The system is BPC 7.0 SP3, on SQL 2008
I was wondering if anyone else has had this issue. I created a business rule that moves Net Income Year to Date to the Balance Sheet, and call it through logic.
The problem I am having is that all periods are calculating correctly except for Period 12. The same number that is calculate for Period 11 is posted to Period 12.
The Time Dimension looks correct with it's prior and current and next properties.
Here is the Business Rule setup, all entries you do not see are NULL
Transformation Group        Source         Source DataSRC     Destination Account   Destination DataSRC
CEYTD                                NetIncome     TOTALADJ             29210                          Input
Reverse Sign                      YTD        Remark
False                                    True        CEYTD
Here is the logic I use to call the stored procedure.
*RUN_STORED_PROCEDURE=SPRUNCALCACCOUNT([%App%], [Actual], [USD], [%SCOPETABLE%], [%LOGTABLE%], [CEYTD], [99])
*COMMIT
*RUN_STORED_PROCEDURE=SPRUNCALCACCOUNT([%App%], [Actual], [LC], [%SCOPETABLE%], [%LOGTABLE%], [CEYTD], [99])
*COMMIT
If anyone has experienced this issue before, I would really appreciate some help on how to resolve it.
Thank you,
Mark Glowczewski

Hi
why not try the script logic in doing this it will be much more flexible
Thanks

Move net income to balance sheet - NW version

Hi,
In BPC MS the function ROLLTOBS is used to move net income to balance sheet.
Now I'm using BPC NW (7.0.02) and I'm strugling to find a similar function. Does anyone know how to solve this problem?
/Lars

Lars,
I know this was quite some time ago, but I am having an issue getting this to work for me and I think I have everything setup correclty. Here is a summary of what I've done:
1. added the process chain RUNCALCACCOUNT in DataManager
2. modified Finance application to allow Account transformations (calculations)
3. created Business Rule to take account NetInc from datasrc All_Sources to account YTDNI / datasrc Other_Input (case sensitive) - saved and validated in 2 individual steps
4. Created CALCACCOUNT.LGF script logic with the following and save and validate:
"   *RUN_PROGRAM RUNCALCACCOUNT
     CATEGORY = ACTUAL
     CURRENCY = %RPTCURRENCY_SET%
     TID_RA = %TIME_SET%
     OTHER = [ENTITY=%ENTITY_SET%]
     *ENDRUN_PROGRAM
     *COMMIT    "
5. During testing, I select only one month and run the logic file directly thru DataManager then create a report to verify.
Any insigth you can provide me would be greatly appreciated.

Statistical Net Income Migration

Hello guru's
I have come across an issue with the migration of Statistical Net Income values, from ECCS to a SEM-BCS 6.0 system.
We are loading the prior year RFD Trial Balance from the historic system into P12, via BI tools.
We are setting the period of 1st consolidation in config and in the master data as P13, and running first consolidation in P13. This eliminates the Investment & Share Capital. Note, to exclude sub consol items from getting picked up in 1st consol, we are moving these values to a non consolidating movement type, and then reversing this in P14.
In P14, we put the sub consol values back to consolidating movemnt types, and we run the subsequent consolidation.
We then carry forward.
The problem is that the Statistical and Adjusted Statistical Net Income items are only populated with data with 1 years net income.
Should the values on these items be migrated from the old system, or should we try to get the new system to generate these entries correctly ?
Thanks

Eugene
You are right, the system should calculate what to populate these items with.
I believe the problem is that we have several years of NI, which each has been carried forward to PY RE. When we run the subsequent consolidation it is only picking up the current years NI.
I think we need to migrate all PY RE into the CY RE, so that all post acquistion earnings from these units is pushed into the Statistical Items when the subsequent consolidation is run.
Thanks

Need Help: Retained Earning Rollforward Issue

The begining retained earning does not rollforward unless I do a force calculate. Does anyone know what could be the issue.

Hi,
Normally, in an HFM application rolling forward functionality works with many more accounts than retained earnings as you mention. Now, if you have no change in data in the previous year, then your current year should not be affected, and no need to run the calculations again. Though, you have to run calculation rules at least once when you start with a new year, in order to roll forward your opening balances from the previous year. And you have to do this for all entities. Or run consolidate at a parent entity which will trigger all calculations to the entities below it.
--Kostas

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

Open PO LSMW Quantity conversion error in net price calculation

Hi gurus,
I encountered an error as I was tring to upload purchase orders - "Quantity conversion error in net price calculation". What does this mean and how do I fix this?
Please help
Thanks

Hi Jürgen,
Where in the Material Master can I find the conversion ratio between both units?
Also, I am trying to upload POs for Spare Parts and that's when I get the error. But when I try to use other materials like FGs, everything is ok. I can proceed with the upload without any problem
Please help

Get "Error in Net Price Calculation" error while creating a Purchase Order

I am getting a error when i try to create a PO. Says "Error in Net Price Calculation item 00010(Please correct)"
I have defined conditon records with the price for the material and have also created info record.However the price in the info record (including currency i.e USDN is different than the one defined in the conditon records currency is USD).
However the price is different from the one defined in info record and in material master.
Where is it picking the price from also is there any way to edit the price in material master or info record ?
Also when i view the condition records by using Tcode MEK1 i get the following error
"Access Pricing Purchasing Z00q 20 contains no fields"
I know Z001 is the access sequence
Can any one tell me wht is this error message about ?
Edited by: Dspsac on Jan 29, 2008 4:31 AM

how can u maintain the condition record as well as info record for a vendor -material in the same time frame
it is not possibe
as info record is also 1 of the condition table
if u have maintained the info record then system is going to fetch the data from there but point top notice is it depends on the validity of record
system fetch the price from info record
and the currency used is fom vendor master

*Consolidated Retained earning or Net Income calculation*

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Consolidated Retained earning or Net Income calculation