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jnkfn2l2
Level 2

Statement of Retained Earnings

Could you tell me where the Statement of Retained Earnings is hiding? I'm not able to find it in the list of reports in the Report Center.

 

Thanks!

4 Comments 4
vpcontroller
Level 11

Statement of Retained Earnings

@jnkfn2l2

 

Are you by chance referring to Statement of Cash Flows report? I don't think they have "Statment of Retained Earnings" as a standard report in QuickBooks. Retained Earnings is a closing entry from the P&L at the fiscal year-end (automatically done by QB). But you can run the "Account Quick Report" from the Chart of Accounts, just double-click the Retained Earnings account.

jnkfn2l2
Level 2

Statement of Retained Earnings

Thanks for the response vpcontroller. The Statement of Cash Flows is entirely different. The Statement of Retained Earnings is a short statement as this example (attached) that I found on the internet. It involves the Owner's Equity Account. Is there a way to create a report for this?

 

 

 

vpcontroller
Level 11

Statement of Retained Earnings

@jnkfn2l2

 

This is something not available in QuickBooks, I believe. You will need to do Account Analysis on an Excel spreadsheet on your own. It seems like your attached screenshot is exactly of that.

jlikeswift
Level 1

Statement of Retained Earnings

 I happened to stumble across Retained Earnings in the Blanace Sheet Report.  It's a line item in Equity, towards the bottom.   I can click on that and it gives me the details of what's in there.  Is that what you're looking for or helpful?  

 

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