Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Community Poll: What sort of content would you like to see more of?
Please note that on Saturday, June 22, 2024, at 8:00 PM Pacific time, our Case Management System will undergo a scheduled maintenance for approximately 60 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.

NSC | Computation of CTA in Retained Earnings section (without direct postings)

edited May 26, 2023 1:16AM in Accounting / ERP

In NetSuite, users may opt to check the CTA source of their Retained Earnings Section in a Balance Sheet report, especially those who came from Net Income (Balance Forward to Beginning of Year).

It is important to note that the Retained Earnings found in the Balance Sheet Report is composed of Direct Postings to Retained Earnings and Net Income (Balance Forward to Beginning of Year) or the cumulative income as of last period of the fiscal year.

In this illustration, we will assume that the Retained Earnings is solely composed of the Net Income (Balance Forward to Beginning of Year).

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!


Community Whiz

Quarter 2 (Apr-Jun 2024)

This Week's Leaders

This Month's Leaders

All Time Leaders