Consolidation - Income Statement Retained Earnings Account & Retained Earnings Roll Forward

Retained Earnings Roll Forward

Click Retained Earnings Roll Forward to display the screen. Select Yes for Enable. Selecting Yes for Enable displays additional options in the Consolidation Setup screen allowing the admin user to setup the segment combination to which the financial entries will be posted. Selecting No for Enable hides the options in the Consolidation Setup screen.

If enabled, when you access the Consolidation Control Panel and click Consolidation Setup there will be Include in the Consolidation Process checkboxes displayed for Income Statement - Retained Earnings Account and Cumulative Retained Earnings sections.

Income Statement Retained Earnings Account

Select Yes for Enable to specify accounts on the Consolidation Setup page. This configuration is optional and is designed to ensure an accurate Trial Balance. If you select No, you will not be able to select accounts on the Consolidation Setup page as the entire section named Income Statement - Retained Earnings Account will be hidden from view.