Hi,
Could any body clarify me on the below.
1. What is the difference between "Retained Earnings A/C" & "Period End Closing A/C".
2. When I opted both as Retained Earnings A/C, and excuted (given Due Date & Document Date as 31.3.08) it is throwing an error as ---"Posting period is not defined"
Please assist in solving the above problem.
Thanks & Regards,
Vinay