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Balance Carried Forward

German Translation

Bilanzvortrag

Category

Accounting with SAP R/3

Short Description

At the end of the fiscal year, the balances of all balance sheet items are carried forward from the prior year into the new year as the opening balance.
Statistical items can be carried forward if required. The carryforward of income statement items is controlled by selected items. This is particularly important for the carryforward of retained earnings, if the appropriation of retained earnings is shown at the end of the income statement. Consolidation transaction types are carried forward to their assigned carryforward transaction type.
[vgl. www.sapinfo.net (2.1.2002), URL]