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author's profile photo Former Member
Former Member

Global Retained Earnings Accounts?

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

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    author's profile photo Former Member
    Former Member
    Posted on Nov 23, 2007 at 07:38 AM

    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

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