Settings > Settings Window - General (Accounts) > Add, Change, or Remove the Retained Earnings Linked Account

Add, Change, or Remove the Retained Earnings Linked Account

To add, change, or remove the retained earnings linked account:

Add or change the linked account for retained earnings

  1. In the Home window, on the Setup menu, select Settings. Open General (Accounts) and select Linked Accounts.
  2. Select an account for Retained earnings from the list.
  3. Click OK.

Note: In history mode, if you select the option Record opening balances in my Retained Earnings account, differences between debit and credit opening account balances are automatically offset to your Retained Earnings account.

Remove the linked account for retained earnings

  1. In the Home window, on the Setup menu, select Settings. Open General (Accounts) and select Linked Accounts.
  2. Select the Retained Earnings account and press Backspace.
  3. Click OK.