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Jun 16, 2015 at 08:38 AM

Retained earning account not calculating



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.