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Dividend Paid deduct from Retained Earning in New Financial

in Financial Consolidation and Close 2 comments

As per accounting, Dividend paid should deduct from retained earning in new financial year ? is it automatic process or manual process in oracle? as we can see that balances are carryforward in new financial year period as opening balance but it should be zero as its part of retained earning just like PNL Accounts

How to achieve this?

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