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How many Retained Earning A/c We can Maintain in a Company Code?

Updated May 18, 2018

Hello Experts,

I have this query that may i know how many retained earning a/c we can maintain in a company code?

Kindly share your valuable views here and assist me.

Thanks in advance.


Comments

  • 05 Oct 2015 5:48 pm Chandan Singh Parihar Helpful Answer

    If you are using one chart of account for all the co code you can maintain one retain earning account or if you are following different chart of a count for all the company code you need maintain different chart of account. mainly this account used for to carry forward the balance  in the year end

  • 05 Oct 2015 5:49 pm Sonia Barwar Helpful Answer

    You can maintain more then one but one is mandatory.

  • 25 Jul 2017 3:23 pm Guest

    If you are using one chart of account for all the co code you can maintain one retain earning account or if you are following different chart of a count for all the company code you need maintain different chart of account. mainly this account used for to carry forward the balance  in the year end


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