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FRx an Retained Earnings
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09-26-2011 02:39 AM
Hi Guys,
Is it possible to show RE beginning balance and RE Current balance as a seperate line in FRx?
I'm able to get the beginning balance of RE by using the ", /BB" code but I'm not able to get the current year's RE.
Any help would be greatly appreciated.
Best Regard,
Re: FRx an Retained Earnings
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09-26-2011 05:37 AM
We get the current RE by using a formula that sums the balances in all of our income and expense accounts... This is what we use on our balance sheets and haven't had a problem with it.
Sarah
Re: FRx an Retained Earnings
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09-27-2011 04:43 PM
Thanks for the feedback Sarah.
That is what I planned to do, I was just wondering if there was a simpler way to do it. In one of the ERPs that uses FRx there is an Income Summary Account that represents all the charges to income and expense, ergo, the income for the year.


