2KES - Profit centre carry forward

[Former Member]

Hi

Our group of companies use Profit Centre accounting extensively. We carried out 2KES profit centre carry forward. Could someone please explain the process of carrying forward the Retained Earnings (RE)?

I tried to view line items (KE5Z) of the Retained Earnings account but it does not come up. Does 2KES transfer RE per profit centre or controlling area?

Thanks & Rgds

Nadini

[Former Member · Accepted solution]

Hi

Retained Earning is linked at Company Code level and at Controlling area level.The basic reason behind this is that when we pay dividend or transfer some profit to reserves or do any kind of appropriations it is for company as a whole and not for any specific profit center parse.

This means Retained earning identification in any business process is required at Company level not at profit center level.You can put before the users a simple question that can they identify profit center wise dividend paid to share holders out of retained earning.The answer will be no.

[Former Member]

Thanx....