Step 8: Define Retained Earnings Transaction Code: OB53 New Entries: Chart of Accounts $\rightarrow$ Company Code P+L Statement Account: XX (Account Type) 123 (Account Number) Double Enter $\rightarrow$ Save Step 9: Fiscal Year Settings Transaction Code: OB29 Path: SPRO $\rightarrow$ IMG $\rightarrow$ Financial Accounting (New) $\rightarrow$ Financial Accounting Global Settings (New) $\rightarrow$ Ledgers $\rightarrow$ Fiscal Year and Posting Periods $\rightarrow$ Maintain Fiscal Year Variants (Maintain Shortened Fiscal Year / Year-Specific Fiscal Year) Fiscal Year Variants: V3: April to March (12 normal months and 4 special months) K3: Calendar Year (12 normal months and 3 special months)
