I need to record a JE as of 12-31-2019. Since the year 2019 is already closed, will entries to P&L accounts still close to RE in 2019?

Hello there, @Already taken.

It's nice to see you here in the Community. Let me share additional information about the journal entry report in QuickBooks Online. 

QuickBooks Online moves money from net income or loss to RE (Retained Earnings) automatically, and this process leaves no apparent entry. 

Adding new entries to a closed period is not advisable because this will affect all of the company's financial reports. If you need to record the JE for the 12/13/2019 to be added to the RE for 2019. It's best to consult an accountant. 

Here's an article you can learn more about the complete details of this process with understanding the debits and credits: Learn how to record journal entries in QuickBooks Online. 

Drop me a comment below if you need more help with running reports in journal entry reports. I'd be more than happy to assist you again. n

Thank you for your reply.

I am an accountant.  My concern was that since 2019 is a closed year, QB would no longer allow me post to that year's P&L accounts and have it again close to RE.  I posted the adjusting JE and it did close the P&L accounts into the proper year.  2019 is now reconciled...on to 2020!