Creation of retained earnings statement in Financial Statement Version-OB58

Hi Gurus,
I am facing one problem as i didnot prepare the reports till now.
One financial statement version has created for Balance sheet and P&L account.they asked me to extended that same report by adding the Statement of Retained earnings in the same financial statement version.
How to proceed for this.plz help me.it would be a great help for me.will assign points...
Regards
Sap Guru

hi sapguru,
please cheek your mail and assign points.

Similar Messages

  • Retained Earnings Statement Format(Financial Statement Version)

    Dear Friends,
    Since 2 days i am requesting you regarding Retained Earnings Statement Format(Financial Statement Version)
    Please send me the fromat for Retained Earnings Statement Format(Financial Statement Version)
    It would be a great help for me and points will be assigned...
    Regards
    Sap Guru
    [email protected]

    hi sapguru,
    please cheek your mail and assign points.

  • Why do we need retained earnings account in income statement?

    hi,
    as far as i am concerned we need a retained earnings account only in a balance sheet statement. however i dont understand why do we need a retained earnings account in the income statement. can someone explain?

    Hi
    The account nothing but contains the accumulated profits which are divisible to the shareholders carry forward from the P&L account.
    we define Retained earnings a/c in OB53.
    Most 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, and for account determination you enter the retained earnings account under the key X
    assign points if useful

  • Statement Of Retained Earnings

    Dear Friends,
      we have already created the balance sheet and p&l statement in Financial Statement Version,and need to prepare the Statement of retarined earnings to finish that.is it possible to create Statement of retarined earnings following that balance sheet and PL statement.Or do i need to create Statement of retarined earnings  form and assign to report in FSI1.
    please suggest me
    Regards
    Sap Guru

    The problem is resolved externally

  • Financial Statement Export Completed with Error

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    Report: &Predefined FSG Report
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    The questions are,
    1、How the error ''100:ORA-01403: no data found'' happened?
    2、Why is the two value set of 'Template' different?
    3、What't the mean by 'Destination File Name'?
    Many Thanks,
    Jing

    Submit 'Financial Statement Export' with the parameter as following:
    Ledger Name:& Ledger Name
    Report: &Predefined FSG Report
    Period: &Period
    Rounding Option:Calculate Then Round
    Segment Override: Null
    Accounting Date:&Date
    Template:Balance Sheet Export
    Template Locale:Null
    Destination File Name:Q_ZCFZB.TXT
    The error message is '100:ORA-01403: no data found'.
    However, through 'NS2011 (Financial Statement Generator)' & 'Financial Statement Generator (XML Report Publisher)' ,Data of the same '& Ledger Name'、'&Predefined FSG Report'、'&Period' could be outputed successfully. And the template of 'FSG: Basic Template' was chosen since Balance Sheet Export couldn't be selected in ''Financial Statement Generator (XML Report Publisher)'.
    The questions are,
    1、How the error ''100:ORA-01403: no data found'' happened?
    2、Why is the two value set of 'Template' different?
    3、What't the mean by 'Destination File Name'?
    Many Thanks,
    Jing

  • Financial Statements

    How to build a Financial Statement  ( Profit and Loss / Balance Sheet) ?
    Do we have any custom reports available? Or First I have to build a FSVersion and then place that FSV in the standard report?
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    Hi Yedi Viladin ,
    Transaction Code - OB58
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  • Retained Earnings Statement (Financial Statement Version) Issues

    1. If I post any thing, will it update Retained earnings account automatically or can I create any formula?
    2. The requirement is  how the Retained Earnings –Beginning of year will update from P&L statement?
    3. How the Retained Earnings P+L result will update
    Note: If you tell the solutions for 2 & 3, then my problem will get resolved…
    Regards
    Sap Guru

    Hi,
    At the year end, whenever the balance carryforward is done, it will set the Retained Earnings G/L to the net balance of all Profit and Loss G/L Accounts for the fiscal year. Thereby when the new year is opened all the P&L G/L Accounts will have zero balance, while the Retained Earning will show the balance carried forward as the net value.
    So, as and when the balance carryforward is done, the retained earnings get updated. Also, once you have done the balance carryforward to any financial year, even if you post again in the previous year, the retained earnings will keep getting updated automatically without executing the balance carryforward again for the same fiscal year.
    Ramanand

  • Retained Earnings Roll Forward (GAAP vs. STAT)

    Does anyone have any suggestions on how to set Closing Rules, so that you are able to run separate Retained Earnings roll forward, one for GAAP entries, and the other for Statutory Adjustments, with the Book Code field being your point to differentiate?
    I have set a chartfield rule in our Clossing rules to capture only Book Code entries for GAAP, but when running the RE Roll Forward in testing, both the GAAP and Stat entries are being captured in the Roll Forward.
    Appreciate if anyone has any suggestions on how you have approached completing separate Roll Forwards for GAAP vs. Stat.
    Thanks.

    We don't roll it into retained earnings.  In fact, you cannot roll a balance sheet account into retained earnings.  We just report that account in the same financial statement node as the retained earnings account is in.

  • Financial Statement creation

    Hi Guru,
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    Thanks

    Hello,
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    Hi Sean,
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  • Runtime Error while creating FINANCIAL STATEMENT VERSION

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    (SPRO --> IMG --> Financial Accounting --> General Ledger Accounting --> Business Transactinons --> Closing > Document> Define Financial Statement Versions.)
    My quries is that is it possiable to maintain more then one FSV for the same company code or for same chart of account.
    If yes then we are trying to do it . But the problem reflect, be the indication that we can`t maintain more then one code.
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    Runtime Errors         SAPSQL_ARRAY_INSERT_DUPREC                                               
    Except.                CX_SY_OPEN_SQL_DB                                                        
    Date and Time          15.03.2008 18:36:04                                                                               
    Short text                                                                               
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         exception would occur, the current program is terminated.                                  
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    Sudhanshu

    Hello
    Logically speaking, a company code can have more than one FSV as long as they share the same chart of accounts.
    When COA is common, the FSV pattern can be designed seperatly to serve the purpose of varied reporting.
    The dump you are getting is a temporary snag. Take a screen shot from SM54 after you execute the report and pass it to BASIS for analysis. They would fix that.
    Reg
    assign points if useful

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