Account balances are carried forwarded from one fiscal year to the next fiscal year by using the SAP standard carry forward program. Retained earnings account is assigned to each P&L account by specifying a P&L statement account type in the chart of accounts .Each Profit & Loss account is assigned to a Retained Earnings Accounts by key For automatically carry forward the balance by the system to the retained earnings accounts,you can define one or more P&L statement account types per chart of account and assign them to retained earnings account.
↧