Retained Earnings Account Mapping

Top  Previous  Next

Retained Earnings Account Mapping is used to map income and expense accounts to a specific retained earnings account and class when the fiscal year-end closing process is run. 

 

If there are income or expense account class combinations that are not mapped to a retained earnings account and class, the Company Setup Default Retained Earnings Account and Default Class will be used by the closing process for these accounts.

 

See also Retained Earnings Account Mapping List screen; Retained Earnings Account Mapping General and Other screens.

 

Fields

 

Account

 

Active

 

Class

 

Ret. Earnings Account

 

Ret. Earnings Class