Tuesday, 16 December 2014

. Can You Explain how Carry-Forward Happens in SAP?


Sure. For all the Balance Sheet items, the balances of these accounts are just carried forward to the new fiscal year, along with account assignments if any. This also true for customer and vendor accounts.


In the case of Profit & Loss accounts, the system carries forward the profit or loss (in the local currency) to the Retained Earnings account, and the balances of these accounts are set to 0. No additional account assignments are transferred.

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