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reserves and surplus account

Posted on Dec 01, 2007 at 09:33 AM 79 Views

Hi This is regarding profit and loss account.

What is use of defining a account in OB53 t.code

Thanks in advance

Balu

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    author's profile photo Former Member
    Former Member
    Posted on Dec 01, 2007 at 09:48 AM
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    Hai balu,

    We give a Retained Earning account in OB53. so that when we run F.16(Balance Carry Forward) system will calculate the net profit and post it to the account specified in OB53

    Note: In OB53 we specify an account

    X Account

    Y Account

    Deepa

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