Retained Earnings Account

[Former Member]

Hi All,

I have created my retained earnings account using OB53. However, the layout that I see when creating my P & L account did not provide for me assigning them to the retained earnings account. Therefore when the HR guys attempt to create a payroll posting document, the system is bringing up the error message "Error in document" HRPAY XXXXXXXXXX. Retained earnings account * is not supported in company code XXXX.

Could anybody please let me know what I need to do resolve this dilemma.

Your urgent responses would be really appreciated.

Regards,

YA

[Former Member · Accepted solution]

Hi

Use transaction FS00, type in the retained earnings account number, enter the company code number and see if it brings up the details for it.

That should confirm if the retained earnings account has been created for your company code.

Hope this helps

[Former Member]

Hi Yomi,

The account what you have given in OB53 as the Retained Earnings accounts has to be created in the COA for the particular company code using the T.Code FS00.

Regards

Sridhar

[Former Member]

... if putting an 'X' doesn't work. Then use a blank instead. i.e. PL stament should be empty.

[Former Member]

Hey,

In transaction OB53 define the field 'PL statement account' type as value 'X' , then enter your required retained earnings account in the other column.

Cheers