Hi there, freedom57401. Thank you for using QuickBooks Online.
Retained Earnings account displays the profit a company reinvests in itself.
QuickBooks Online (QBO) doesn't have an option to remove Retained Earnings from the Balance Sheet because it's a standard accounting component for the equity report. QBO automatically calculates and displays retained earnings, reflecting the cumulative net income (or losses) from prior years.
Here’s a guide on how to manage your Retained Earnings : View Retained Earnings account details
Please let me know in the comments below if you have any other concerns or follow-up questions.