Wednesday, 8 May 2013

How to Create Retained Earnings Account

This tutorial demonstrates how to create Retained Earnings Account

Enter Transaction code SPRO in the command field


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In the next screen Select SAP reference IMG

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In next screen-"Display IMG"  navigate the following menu path :

SAP Customizing⇒Implementation Guide⇒Financial Accounting ⇒General Ledger Accounting⇒G/L Accounts ⇒Master Data⇒ Preparations⇒ Define Retained Earnings Account

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In the next screen,  Enter the Chart of Accounts to maintain the Retained Earnings Account