Why do we need more than one retained earnings accounts, what is the precise use of two?

prakasam

• Nov 28th, 2014

My what retained earnings account & how many types retained earnings account in sap?

what is the difference B/w master data & sub master data?

Dan M

 Profile Answers by Dan M Questions by Dan M

• Jan 25th, 2010

Since it is used to house the result from a period of operation (revenue less expenses equals impact to R/E account), you do not need more than 1 R/E account per legal entity in SAP or any other ERP system.

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