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QuickBooks Team

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Hello again, @dropshipping. I want narrow down where the numbers on the report are originating from.

 

Additionally, thanks for providing the clarification about the numbers on the report, as well as the dates. Since the amount that's added will come from the end of a fiscal year, does your business' fiscal year follow the calendar year? If you're unsure, here's how you can check:

 

  1. Select the Gear icon.
  2. Choose Account and Settings.
  3. Click Advanced on the left.
  4. The Accounting section contains the option for First month of the fiscal year.

 

I've included a screenshot to serve as a visual aid:

 

 

 

Also, just to clarify, are you running the Profit and Loss report for the exact same date as the Balance Sheet? Since Retained Earnings will come from the previous year's Net Income, could you please try running the Balance Sheet for 1/1/2019.

 

I'll keep an eye out for your reply and look forward to providing additional assistance. Best regards.
 

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