You can use Journal Entry to split the profit by different owner’s equity accounts.
The steps are as below:
- Select + New.
- Select Journal Entry.
- Enter the entries as follow:
- Debit retained earnings
- Credit Owner’s equity account A
- Credit Owner’s equity account B
- Credit Owner’s equity account C
- Select Save.
After that, run a Balance Sheet report to check the decrease in retained earnings and Increase in Owner’s equity for the different owners.