Account Setup Manager: Earning Account
Posted: 30 August 2008 01:55 AM
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Hi There,

I am new to Oracle R12, and was in the process of setting up a new LE for testing. Everything seems to be working fine but when when i reached this step where i had to setup the accounts, i got stuck while definfing earning accounts.

I have defined the Accounts and nothing seems to be wrong, i can even see my accounts in the list of values, the problem is when I select an account for this field, it gives me an error:
‘Your Retained Earnings account must be a balance sheet account. ‘

Now, I tried every possible combination raging from account type ‘Asset / Liability and Ownership/Stockholder’s Equity’ but nothing seems to be working.

I am enclosing the attachment for my setup, i would really appreciate if somebody could guide me as to what i did wrong.


Thanks.

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Earning Account Setup.doc  (File Size: 109KB - Downloads: 869)
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Posted: 07 October 2009 11:12 AM   [ # 1 ]
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do you give the account segment his qualifire as natural account

try this

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