UBS Accounting Software » Others

ID #1059

Retained profits shown in Profit & Loss and Balance Sheet are incorrect

Description

After examined database, noticed that  special account codes  DP and  AD for Accumulated Depreciation account.

 

Solution

Go to General >General Ledger A/C Maintenance, change it to ADDP instead of DPAD (which means to  put  AD before  DP).  This  is  because when  it  was  DPAD, the  system   will  also  read  the  PA  and recognize  it  as  a valid special  account code; this  will then  cause  the  retained  profit  ended up  with incorrect amount.

 

Tags: Retained profits shown in Profit & Loss and Balance Sheet are incorrect

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Last update: 2010-11-08 10:41
Author: Noor Diyana
Revision: 1.1

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