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
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[http://download.oracle.com/docs/cd/B14504_01/dl/bi/B10272_01/toc.htm]
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Thank YouHi
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