Retained earning account not calculating

[zunaid_hingora2]

Hi,

We went go live on 01.09.2011. At that time it was found out the gap of 25 lacs in accounts. after analyzing it was found out that retained earning account was not considered. So entry of 25 lacs was posted in retained earning and another leg in upload account (i think this is standard behaviour).

Balances were now corrected and fine. But at time of balance carry forward, system was not considering the amount of 25 lacs posted in this retained earning account.

i do not understand why system is behaving like this. System is calculating only income minus expense logic and bringing the amount to retained earning.

Is there any thing we have to do while posting JV to retained earning or have we missed out anything.

Please guide.

Regards

Zunaid

[former_member198650 · Accepted solution]

Hi Zunaid,

When you did posting for retained earnings a/c?

Regards,

Mukthar

[zunaid_hingora2 · Accepted solution]

Hi Mukthar,

Document was posted on 31.08.2011. A day before go live posting date. Entry date is 06/05/2013.

Regards

Zunaid

[former_member198650 · Accepted solution]

Hi Zunaid,

After done posting have you run carry forward program? If not,run it. Then check the balance.

Regards,

Mukthar

[zunaid_hingora2 · Accepted solution]

Hi Mukthar,

we have executed FAGLGVTR many times but its not giving the desired results.

Regards

Zunaid

[former_member198650 · Accepted solution]

Hi Zunaid,

In first year i.e.2011 system wont carry forward the balance to retained earning account. From next year onwards it carry forwards the balances to retained earnings a/c.

Regards,

Mukthar

[Former Member · Accepted solution]

Hi ,

Did you tick the check box in this transaction code for retiained earning.

[zunaid_hingora2 · Accepted solution]

Hi Mukthar/Preeti,

Thanks for reply. This issue is resolved. Our FI consultant executed report normally and it was done. Nothing additional was done.

Thanks for all your help.

Regards

Zunaid