At the time of year end closing the Retained earning account is not having the requried CF
HI,
At the time of year end closing the system creates journal entry containing Retained earnings or Equity account
without the required CF values such as Dept or Fund etc. When I create an online entry for this account without Dept or Fund ,
it is showing error. But when the system creates closing entries this account is created without Fund/ Dept and it is posted also .
Can someone explain how to avoid this?
Thanks in advance
Sudarsan