Global Retained Earnings Accounts?

[Former Member]

Hi All,

Before running fixed asset depreciation, I have to set a returned earning account using tcode ob53. But when I run depreciation, system prompts me to set global

retained earnings accounts using gcs7. What is the difference between these two

retained earnings accounts. Does I neet to set both these two retained earning accounts at the same time?

Thanks in advance!

Regards,

Alex

[Former Member · Accepted solution]

Hi Alexandro,

As per my little understanding, the issue can be something like

It seems in you have special Purpose ledger (SPL) configured in your system.

Your company code is assigned to a Global company code and you also have a group Chart of accounts mantained for this company code, check in OB13

If you have a group chart of accounts then yes you have mantain another retained earning account for that in gcs7

Regards

Pratiksha

[Former Member · Accepted solution]

Yes, I checked it out. There is a group chart of account for my own chart of account. Thanks.

Regards,

--Alex