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on Jul 15, 2011 8:27 AM by Shoaib
Retained Earning Accounts Creation Error
Jul 15, 2011 8:27 AM
I am Using Oracle R12
I am in a Process of Creating a Ledger, At the Step in the "Accounting Setup Manager"...we need to Enter Retained Earning Account which is A compulsion.
Now when I am Moving on to Next Step,it is Showing me Error :-
"Retained Earning must be a Balanced sheet Account"
I have Checked the values.....
1) the Accounts Which I have used for Retained Earning ,is Of Type "Owner`s Equity" which is From a Balance Sheet...
then why its Giving me This Error...
I have the same question
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