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bnewman
Level 1

general ledger report

When I run certain GL reports I get the retained earnings in the report. It's irrelevant to what I'm doing and if I want to check the figure, I then have to export the report to Excel and delete the line manually. Is there a setting to get QB to stop printing the retained earnings amount and including it in the figure?

 

Thanks,

 

Bill

 

1 Comment 1
qbteachmt
Level 15

general ledger report

"Certain GL" reports is the issue. Specific reports are not meant to cross over fiscal year ends with Details. They show the Beginning balance (retained earnings) and then the Details from the specific period.

 

Run, for instance, reports from the Reports menu > Company & Financial, such as P&L Standard or Detail. If you want to cross fiscal year ends, which is Why you see Retained earnings, use instead, for example, P&L Standard, set for All Dates, Columns by Year. Or, P&L Detail, or Bal Sheet Detail for a date range. These work fine.

 

You have tons of other reports. The "GL" report is a clerical input review report. Not a financial perspective.

 

 

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