Retained earnings calculation

Hi Friends
Im very desesperated with a task in the consolidation monitor , the retained earnings have to be calculated in SEM, and am trying to cuztomizing a method, but I cant use selected items the system dont works because are items posting automatically
my thask is a reclassification from items:
accounts balance sheet are reclasificated to an item from RE in B sheet
accounts income statement are reclasificated to an item from P and Loss
any have experience in retained earnings calculation???
thanks in advance
best regards

Here is what we have in our config:
BS FS Items range: 100000 to 399999
RE FS Item: 360000
P&L FS Items range: 400000 to 899999
Method for Reclassification = One Sided Reclassification, with just a Source (no Target)
Step 1:
Trigger = FS Items 100000 to 359999 AND 360001 to 899998
Source = 899998
*Note, this step usually doesn't do anything, as it really only posts any out-of-balance for a trial balance to FS Item 899998.
Step 2:
Trigger = FS Items 100000 to 399999
Source = 360000
Step 3:
Trigger = 400000 to 899999
Source = 899999
Hope this helps.
Regards,
Jim

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Retained Earnings in BPC

Hi All,
Can any one help me in the Area of Retained Earnings..Below are my questions:
1.How is Retained Earnings calculated in BPC? Is it a calculated figure or carried forward figure?
2. When it is calulated?
3.How it is carried forward from P&L account to B/S..Through any Business Rule or Script Logic.If so what are those rules/logic
Do you have any document on the same that could help to understant the above mentioned areas on Retained Earnings.
Thanks,
Shankar.v

Hi,
By Using the Copy Opening & Carry forward Function, You Can achieve this.
For example, if you use the dimension flow in the data model when closing balances of one year are rolled forward into the opening balances of the following year, the balance to be rolled forward will be found under flow type Closing, but
will need to be posted in the new year under flow type Opening. As well accounts may also change.
For example, the account Retained earnings current year income, when rolled forward may in the new year be stored under an alternate account Retained Earnings from prior period. Accordingly, the ability must also exist to change accounts during roll-forward. The Business Rules Tables in this case are designed to define what values need to be rolled forward (i.e. accounts and flows and to what accounts and flows these values should be posted in the new year). The carry-forward function can be applicable to both Financial and Legal Consolidation Applications.
Carry-forward rules give you the ability to generate the Opening Balance of any category based on two main properties: Flow Type in the Account dimension Opening category in the Category dimension This procedure can be used to initialize a new reporting period with the closing balances of the last period from the previous year into the opening balances of the current period. In a Legal Consolidation application, such balances are usually identified as members of the FLOW dimension. In simpler applications, however, it is also possible to store them as additional accounts in the ACCOUNT dimension.
Balance Carry Forward Business Rules
1. To configure the business rules, go to the Admin Console, and fill in the business rule based on the data below:
For example In row 1, roll the entire balance sheet (closing flow) from 2009.DEC to 2010.JAN (opening flow). Then, in lines 2 and 3, post the annual net income in 390000009( Source Account) to the prior year retained earnings account 25712000(Destination Account) and flow 'F_ARES'.
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EC-CS transaction CXCL "item substitution/calculation of retained earnings"

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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.
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Retained Earnings- Translation

Hi guys,
I'm not quite sure how to solve this, so maybe you can help me.
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Hi there,
I would expect to have an application manual with instructions on how to use these accounts. Do you have anything?
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Hello,
the following link leads to the SAP documentation on the FI-GL BI Content (query 0FIGL_C01_Q0010 "General Ledger: Structured Balances - Accumulated"):
http://help.sap.com/saphelp_nw70ehp2/helpdata/en/9d/5d788c65d211d3971c006094b969cf/frameset.htm
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You can make these entries in the Excel sheet for your query, which will enable you to create your financial statements completely in the Business Information Warehouse."
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Edited by: Gerrit Schang on May 20, 2010 3:50 PM

Sure Laurent - however in your environment it seems that the blueprint has not highlighted the problems
I would have been screaming from the rafters if I known I had a local CoA that dominated reporting
In this case I might have looked at the group COA and consolidated in Outlooksoft and left the co code COAs to handle local FSV reporting (rather than use co code specifics)
Alternatively I would have set up a totals table in GLX (FI-SL) in sub ECC 6 or an alternate ledger in ECC6 to handle the alternative reporting - then new cube and copy the virtual cube function module code (and change the hard coded cube) to do the FSV reporting correctly
Oy course there are many ways to skin a cat (and many other ways to do this) - the problem I guess you are having is that you have an existing implementation where these considerations where not blueprinted or even brought up

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Dear all,
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We have created a situation where our retained earnings is doubled. We initially had calculated our retained earnings as the sum of our balance sheet accounts. We later updated our configuration to be the sum of our income statement accounts. After making the change we reran the RE task and it doubled our amount of RE. Now we cannot "undo" this. Everything we potentially try just results in the RE amount being reposted. Does anyone know of a way to reverse everything so we can start from scratch with running our RE task?

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Hi Friends,
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the retained earnings is usally calculated in EC-CS: it is the difference of the Active and passive side of the balance sheet.
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Thanks lot for your quick response Mr. Ravi Sankar.
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I am on BPC 5.1 SP5 (will upgrade to SP09p1 next week)
Need a little verification on a solution to a problem with Currency Translation Adjustments on Retained Earnings.
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The table name for the system generated transactions (Retained Earnings).

Hi Gurus,
I have a doubt and want to know from U experts there. Hope you won't let me down. The situation is
I have created a new chart of account in our Oracle Financial. Uploaded 2007 transactions and opened year 2008 and closed all the periods of year 2007.
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Hello.
For EBS 11.5.10.2
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HI
In the above , please reply the answer as early as possible
with regards
srinivas

this question is poste in wronf foroum it sould be in FI not in MM
from www.investopedia.com
retained earnings account
The percentage of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt. It is recorded under shareholders' equity on the balance sheet.
The formula calculates retained earnings by adding net income to (or subtracting any net losses from) beginning retained earnings and subtracting any dividends paid to shareholders:
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In most cases, companies retain their earnings in order to invest them into areas where the company can create growth opportunities, such as buying new machinery or spending the money on more research and development.
Should a net loss be greater than beginning retained earnings, retained earnings can become negative, creating a deficit.
The retained earnings general ledger account is adjusted every time a journal entry is made to an income or expense account.
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Hi Nandini,
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Dear Sap gurus,
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Hi
Answer for your fist question is You cannot update your retained earnings account every month when you run f07 and f.16 at the end of the year then only it will update the retained earnings. You can run monthly balance sheet it will display profit/loss evry month.
Regards
Muralidhar
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Retained earnings calculation

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