How to Setup for Enhanced Retained Earnings Roll Forward?

To specify a beginning retained earnings account, perform the below steps:

1. Navigate to Consolidation to open the Consolidation Control Panel
2. Click Consolidation Setup.
   
   
3. On the Consolidation Setup page, under Retained Earnings Roll Forward, select the account where you want cumulative retained earnings automatically posted as shown in the example below. Select the Include in the Consolidation Process checkbox. Selecting this checkbox enables the option to select an account for Beginning Retained Earnings.
   
   
4. Under Source Account for Beginning Retained Earnings Calculation, select the rollup\parent account which represents the Total Retained Earnings.
   
   
5. Click Save.