THE sage 300 shows error code : Description: You must first assign a default retained earnings account in G/L Options. how to set it in the G/Loptions ?i never see this section can someone show me a screen shot ? leHelpCompany Account Posting SegmentsFunctional CurrencyUse Account GroupsMaintain QuantitiesDefault Closing AccountUse G/L SecurityСенеCADTo3 Decimal PlacesClogo

To set the default retained earnings account in Sage 300, follow these steps:Open General Ledger…

Answered: le Help Company Account Posting…

le Help Company Account Posting Segments Functional Currency Use Account Groups Maintain Quantities Default Closing Account Use G/L Security Сене CAD To 3 Decimal Places Clogo

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

THE sage 300 shows error code :

Description: You must first assign a default retained earnings account in G/L Options.

how to set it in the G/Loptions ?i never see this section

can someone show me a screen shot ?

le
Help
Company Account Posting Segments
Functional Currency
Use Account Groups
Maintain Quantities
Default Closing Account
Use G/L Security
Сене
CAD
To
3 Decimal Places
Clogo

Definition Definition Remaining net income of the company after the required dividends are paid to shareholders. This surplus money is usually invested back into the business to expand its business operations or launch a new product.

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