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Retained Earnings Account

Hi SAP GURUS,

any one please explain what is retained earnings acoount and what is the use of it.

Thanks,

Pavan

Former Member
replied

Hi Pavan,

Retained Earnings Account is used for carry forward the balance and you cane use more than one retained earning account(one is mandatory).

You can configure Retained Earnings through T-CODE OB53.

For More Details please refer

http://help.sap.com/saphelp_46c/helpdata/en/96/8b307e43ce11d189ee0000e81ddfac/content.htm

Regards,

Ranjith

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