Hello there, Bill Mc.
Let me share additional information and get things cleared out for you.
In QuickBooks, retentions that are associated with the other asset category account won't show as an income in the Profit and Loss because these are in the asset type of account.
If you want to show these retentions as income on the Profit and Loss, I'd suggest consulting an accountant professional. This way, they'll help you guide whether these are on the correct accounts and would make your financial records accurately balanced.
Moreover, I'm adding these articles to guide you with other QuickBooks tasks:
If you require any additional assistance managing your accounts, you can always reply in the comments below. We'd gladly help you further. Take care!
