The effect of placing retain earning in drawer cost of sales
Dear Experts/Gurus,
I have a problem relate to retained earning G/L account. I have seen there are 2-3 types of GL account retain earning i.e last year, running period and current period.
Some of databases contains 2 or 3.
The problem is that I do not know the effect if running period is placing in drawer cost of sales. usually it is in capital and reserve.
What will be the effect ?
I know I can modify the financial report but the main purpose I still do not know.
I appreciate your answer. TIA
Rgds,
Hi Will,
It means that the account type is not sales and expense but other. It fully depended on company's preference.
Based on these formula I researched:
Gross profit (GP) = retained earning - revenues
Operating profit (OP) = GP - COGS
Profit after financing expenses (PAFE)= OP - Total expenses
Profit period = PAFE - Other revenues and expenses
So, all are fully depended on G/L account location and setting in COA and off course its daily use in the transaction either after it set in the G/L account determination or journal entry transaction.
Rgds,
Similar Messages
-
Dear Friends,
Can we passed the adjustment JV for Retained Earning Account directly for previous fiscal year.
Please explain this.
Thanks,
JDHi,
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 -
When keying a green screen shot, the primary image goes slightly out of focus when the effect is placed. What am I doing wrong??
Make a letterbox in Photoshop -two black stripes and a hole in the middle, place it on a higher video track.
Or download this: http://web.mac.com/andymees/Freeand_Easy/main/Entries/2008/1/23_Andy’s_Letterbox2.html -
our retained earning account is 3011000, P&L account starts from 4000000 and 5000000, in F.16 run for retained earning account, the first line is 2010, 3011000, 3011000 3670053000-. second line is 3011000 4000001 1289998900. last line is 3011000
3011000 75676883000,
we then check balance sheet, the retained earning account is showing 75676883000,(last line) it should be 3670053000-. (first line)
why there is errorwhich figure should be carry forwad, the first line or the last line of retained earning account tab in F.16?
-
What is the different between account assignment P Project & K Cost center?
Hi ,
I need to raise a PR and PO for repairing damge of our Project's Product.
In this stituation, I should create PR with account assigment P (Project) or K (Cost center)?
ThanksHi,
Material are procured as stock or non-stock materials. When you procure material which can be used in production of finished product ,stock is maintained.
Account assignment category describes how the procured material is being used (for eg: Cost Center, Sales Order, etc). It also determines how the accounting entries made when a GR document or IR document is posted.
When you use the Account Assignment Category "K", it means the material is allocated to a cost center for consumption. The Materials is accounted to the particular cost center.
Account Assignment Category "P" is used for materials that are required for the project related.
Hope it helps.
Regards,
Bijoy Kumar -
Ai, 3D effect - after using to either extrude or revolve the settings are retained in my drawing tools - pen, pencil and shapes. Example I draw a 50 pt extruded object in wireframe, isometric view and my pen and all drawing tools will only draw using those settings. I can not exit, help please!
Appearance panel menu > New art has basic appearance.
-
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 KuntheHi,
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 -
How to eliminate certain P&L Statement Accounts from Retained Earning
I have certain P&L statement accounts which are used to track certain transaction at end of year.
SAP allows config by which all P&L accounts are subject to retained earning.
We want to eliminate some P&L statement Accounts so that these do not show up as part of retained earning. Please advice what is the best way to do this.
thanks!
Edited by: RajSAP01 on Dec 20, 2011 10:11 PMGL account will be created and should have either P&L or BS account type. You can not create without any one of this
And you need to select which P&L statement a/c type to be used if you have more than one such P&L account types. (Check at OB53) If only one P&L statement type is available SAP uses the same by default
There is no way to disconnect GL accounts either from P&L account or BS account.
If you want to change P&L account to BS account see that GL account do not have any cost element
Similarly if you want to change BS account to P&Laccount see that GL account do not have any recon account.
Srinivas -
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 YouHi
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 -
Making Text Editable in AE loses the effects from Photoshop.
I have to animate text and have finally gotten that process down .. but one
problem left. The original text is made in Photoshop CS3 with shadow,
bevel/emboss effects on it. When I make the text editable in AE so I can
animate it, the Photoshop effects disappear.
Is there any way to retain the drop shadow and bevel/emboss and still make
text editable so it can be animated in AE?
Thanks!
NancyThanks, Andrew .. I think I see what you mean and will try that. If I <br />understand correctly, my importing the PSD as a composition means I only <br />imported the text and not the effects. I did try importing as footage, but <br />that wasn't editable either. I will follow your steps and see if I can get <br />this down.<br /><br />Many thanks!<br />Nancy<br /><br /><[email protected]> wrote in message <br />news:[email protected]...<br />> Hi Nancy,<br />><br />> While it sounds like you've achieved your objective - good news!- I'll <br />> point out a few things for future projects.<br />><br />> Your final solution means that you've dragged a Nested Composition into <br />> your main composition (meaning one composition inside another). The <br />> Transform parameters you see attached to that nested comp are NOT Text <br />> Editors, and effect the whole layer universally. That might be fine now, <br />> but it means you won't be able to change or edit individual text <br />> characters or lines. You also won't be able to edit your Photoshop Layer <br />> Styles (Drop Shadow, in your case).<br />><br />> When you import the PS document as a composition, AE creates a new <br />> composition with all the PS layers intact, positioned correctly and with <br />> Layer Styles applied. But they only exist INSIDE THE COMPOSITION - they're <br />> not attached to the layers that you can access in the Project window.<br />><br />> Try this to explain what I mean:<br />><br />> Open your project and import your PSD as a Composition.<br />><br />> Double-click on the new PSD composition in the footage window to open it. <br />> You should see your text layer with drop shadow applied. Select the layer <br />> and Copy.<br />><br />> Now go back to your main composition and choose Paste. The text layer <br />> should appear within your main comp, but still with layer styles etc. You <br />> can also choose "Convert To Editable Text" now, without affecting the Drop <br />> Shadow. Once the layer is a Text Layer you have much more control over it <br />> than just the standard Layer Transform settings.<br />><br />> The trick is to COPY the whole layer from the PSD comp, rather than drag <br />> the text layer from the footage window.
-
How to Set the Effective Date to Sysdate in OAF Page
Hi All,
I am new to OAF and started working on OAF. I have a unique situation and I am unable to get it going. Here is the situation.
1) Currently on Benefits module when an user logons he/she will be directed to FamilyMbrsPG. In this Page I had extended the controller(BenEnrlHeaderCO) to set the Effective Date to as that of life event occured date. This is working fine.
But the issue arrises when one clicks the next button on FamilyMbrsPG. The requirement is when One navigates to CurrOvwPG at that page the effective date needs to be reset to Sysdate which I am unable to do. But the probloem is when I am trying to debug the controllers files of CurrOvw It is pointing to the controller class of FamilyMbrsPG which is BenEnrlHeaderCO.
I was trying to reset the Effective Date as of sysdate.
Can you please let me know as how to proceed from here.
Thanks and Regards
Vinod
Edited by: user5149618 on Sep 17, 2009 8:01 PMHi Gauravv
Well here it is
1) But the probloem is when I am trying to debug the controllers files of CurrOvw It is pointing to the controller class of FamilyMbrsPG which is BenEnrlHeaderCO
In this scenario what is happening is for the page CurrOvwPG there are 6 controller class files which are as follows.:
1) BeneficiariesOverviewCO.java
2) CoveredDependentsOverviewCO.java
3) CurrentBenefitsCO.java
4) CurrentBenefitsTopCO.java
5) SelectionOverviewTableCO.java
6) SelectionsOverviewCO.java
When I ran the project in debug mode and placed the breakpoints for the controller class files. As soon as I click the next button in FamilyMbrsPG the breakpoint in occuring at line31 of BenEnrlHeaderCO which is again a controller class file for FamilyMbrsPG which has been already extended to set EffectiveData to that of Life even occured Date.
Now in CurrOvwPG I need to reset the EffectiveDate to Sysdate. Please let me know if this is clear...
Thanks and Regards
Vinod -
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
ramanaHi 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 -
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 -
Why are none of the effects I apply working?
Why are none of the effects I apply working? Every effect I've tried causes the program to "Not Respond", and then shows the program applying the "Gaussian Blur" when I have not applied it. The program applied "Gaussian Blur" also does not take effect, even though it shows the program applying it.
Create a blank document , and draw a circle and apply a drop shadow does that work?
If that does work you may have a problme document. Guassian blur will show on a document with drop shadows, if Illustrator is struggling to prcoess the drop shadow.
If taht does not work reset your prefences. -
ABOUT RETAIN EARNING ACCOUNT IS IT FOR BALANCE CARRY FORWARD AND IS IT LIKE A SUSPENSE ACCOUNT....?
help.sap.comHello 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
Maybe you are looking for
-
HI Guru's when we are running transaction FAGLL03. When selecting Cost Centre within Dynamic Selections, twe are getting the following error message: "Custom selections deleted because fields not active in ledger". what is the problem? regards Suni
-
When using facetime, how many people can you be connectedto at once? The reason I ask this question is, I am wanting to conduct teleconference meetings with my staff who are spread out throughout the state and I would like to be able to have seven pe
-
Will Creative Cloud programs work with Windows Vista?
The specs say works with XP or Windows 7. Does this mean they do NOT work with Vista?
-
VO got executed but is not showing the rows on the page the first time
Hi, Below are my senario: I have one jspx which contain a panel tab and 2 tabs inside it: tab A and tab B, under each tab is its own taskflow, jsff page, and its own AM and datacontrol also. tab A have a table tab b have a table with search panel. Th
-
Sharing common unique field personnel number(PERNR) between two WDAs
Dear All, I am new to webdynpro for ABAP.I have developed two individual webdynpro applications by hard coding unique field personnel Id in the select queries. What I mean is I am getting all the fields from the select query and I am able to display