Retained Earnings get calculated in Oracle General Ledger - Open Prior Period of New Year
Hi all !
I want to Know is it´s possible to prevent this "General Ledger automatically posts the net balance of all income and expense accounts from the prior year to the retained earnings account when you open the first period of the fiscal year"
it´s a part of complete texto onf note: General Ledger FAQ for Retained Earnings [ID 136510.1].
Thank you.
I want to Know is it´s possible to prevent this "General Ledger automatically posts the net balance of all income and expense accounts from the prior year to the retained earnings account when you open the first period of the fiscal year"
it´s a part of complete texto onf note: General Ledger FAQ for Retained Earnings [ID 136510.1].
Thank you.
1