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Former Member

Balance Carry forward Configuration

Hello,

Does anyone know what is the transaction to configure which items are included in balance carry forward?

For now, the system is only carrying forward in the retained earning P&L accounts of prior year but I would also like to include Dividends which is a Balance Sheet items.

Thanks,

Guillaume

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2 Answers

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    Former Member
    Feb 02, 2011 at 08:33 AM

    Hi,

    Once you execute T.Code (FAGLGVTR / F.16) all P&L account Balances transfer to retained earning accounts & All Balance Sheet GL Balances Transfer to Next year with same GL, this is standared behaviour.

    Additional configuration not required to Balance Carry Froward.

    After Execution Balance Carry forward T.Code take one Balance Sheet GL Account and check T.Code:FAGLB03

    Regards

    Viswa

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    • Former Member Former Member

      Hi,

      It is not possible Devidend Balances to Retained earning account.

      Work around solution:

      Post normal JV by Crediting the Dividend a/c and Debited the Dummy P&L account - vice versa.

      Regards

      Viswa

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    Former Member
    Sep 27, 2013 at 07:35 PM

    Hello Guillaume

    We have the same requirement here in our organization. When i was searching on this topic, i found this link and thought of asking you if you have ever found a solution to transfer divided account balance to Retained Earning? If yes, could you kindly share with me the solution.

    Thanks for help

    Ashok


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