I'm here to help you get in touch with the right support who will assist you in resolving the discrepancy in your books, Bambi.
The prior adjustment period is currently unavailable in QuickBooks Desktop (QBDT). To fix your financial records, it's a good idea to reach out to your accountant for further assistance. They can guide you on fixing the issue with your undistributed profits and ensure compliance with accounting standards.
For more insights on how QBDT handles year-end adjustments, take a look at this reference: Close your books in QuickBooks Desktop.
In the future, use these resources to help you change the password for your closing date, balance the account, and add the entry to your company file:
If you need further assistance managing your transactions or completing a specific QuickBooks task, let me know in the comment section below. We'll get back to you and provide the assistance you need.
