RE:[sap-acct] Retained Earnings Account Balance is not updating
Posted by
Admin at
|
Share this post:
|
|
Posted by MASAHIKO KOHSOon 07/02/2009 07:29:00 AM
I would rephrase it as P&L result. This may be an iteration, FSV automatically calculates P&L result and displays it in the balance sheet (otherwise it doesn't balance). It should work that way monthly or yearly. Now Siva's FSV is not showing the P&L result, I suspect the FSV was built wrongly.
So I suggest you do some playing around a bit by creating one new FSV. SAP gives template structure there. You may need to assign all P&L accounts to have correct P&L result, but you would see if there's anything wrong with your FSV.
BTW, appropriation of the retained earnings is finalized at the board meeting, and then appropriated manually subsequent year. What F.16 (or FAGLGVTR) does is to bring forward the annual P&L result onto the RE accout (BS account) to the following year. It creates no FI posting, updates database directly, FSV has the P&L result irrespective of this. They are separate.
F.16 also close fiscal year. Once you run F.16, any entry to the year have the popup message 'you are posting to the previous year'. RE is automatically adjusted, but never run it until you finish the fiscal year.
Rgds, M __.____._
Toolbox.com
4343 N. Scottsdale Road
Suite 280
Scottsdale, AZ 85251
In the Spotlight
Manage group e-mails
Create an FAQ on this topic
Tell us what you think
Unsubscribe from discussion
_.____.__ 
