Copy Prior Year Retained Earnings
Anyone willing to share the process by which you copy prior year accumulated retained earnings to the current year? Is this just handled via data management steps, or do you need a business rule?
I...
Forum Discussion
This is a standard member formula on your PYRE account. You'll mark it to use your application currency overrides to ensure that the translation uses the amount set on the override rather than translating per the rest of the balance sheet.
Would you be willing to share your member formula?
api.data.calculate("A#PYRE:F#EndBal_Input = A#[accumulated retained earnings]:T#PovPriorYearM12:F#EndBal_Input")
Thank you for sharing this! Do you have a member formula then for [accumulated retained earnings] --- or how is this value derived?
That represents a parent account, so the sum of CY and PY Retained Earnings. The formulas need to take into account if retained earnings data is being loaded from the ERP
