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May 10, 2010 at 02:23 AM

GL Account 86000000 set as P&L.

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Hello Gurus,

FI : While performing yearend rollover, 86000000 (TECHNICAL ACCOUNT u2013 INVESTMENTS) account shows in Retained Earning as this account is setup as P&L Account in master data but we eliminate this account when reporting. We only take 10000000 u2013 79999999 accounts for Balance Sheet and P&L.

Please advise why we treat the above account as P&L since the yearend rollover will have impact in Retain Earnings.