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jmats
jmats
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Pinned topic Net income transfer from year end

‏2012-03-11T11:25:18Z |
Hi everyone,

Concerning rules for copying journals over the Year-End i find the following information in the user guide:

http://publib.boulder.ibm.com/infocenter/cfpm/v10r1m0/index.jsp?topic=%2Fcom.ibm.swg.im.cognos.ctrl_ug.10.1.0.doc%2Fctrl_ug_id13542E1K13_2_CopyingCompanyJournals.html

2. Values that add up to produce Net Income in the profit and loss account are also copied to the Transfer to Retained Earnings account and the Transfer Previous Year Net Income account (the latter with a reversed sign) in the analysis of reserves, if these accounts are defined in the general configuration - Reconciliation

Does it mean that net income transfer is always configured through the general configuration (reconcile 2 tab)both for REPO and JOURNAL entries?
Is is possible to specify different accounts (one for REPO and another one for Journal entries) for Net income transfer after year end?

Thanks for your answer