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Reply from luxman_shankar on Jan 28 at 12:12 AM It is correct since the retained earnings is updated with the current years results only when the year id closed and the balances are carried forward into the next year.
Luxman Shankar CMA
| | | ---------------Original Message---------------
From: Christine Liuag
Sent: Friday, January 27, 2012 2:06 PM
Subject: Drilling Down on Our Retained Earnings Account Only Shows the Beginning Entry From when We Went Live
We want to know why our retained earnings account only displays the opening balance entry when we drill down in faglb03.
Is this correct or should it be displaying all of the detail from the carry forward? |
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