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Question from sam_sree on Sep 22 at 2:25 AM Hi Experts, Since I am a new learner, Need your guidance. In T-code OB53 - I have maintained a profit & loss statement acct type x and GL account 123 as retained earnings accounts. I would like to know the process, how the Profit or Loss get's transferred to Retained accounts and from retained to Balance sheet. Is my understanding correct? Please guide. Thanks, Sree | Reply to this email to post your response. __.____._ | _.____.__ |