Hi there, usersolu2010.
At the beginning of your financial year, QuickBooks automatically transfers net income into your retained earnings account. You can go to your Chart of Accounts and run a Quick Report to see the transactions and other details that are affecting your retained earnings account.
Here's how:
Aside from that, you can also run a Profit and Loss report and add a year column. This will give you a year-by-year amounts so you can see the amount from the Profit and Loss transferred into the Retained Earnings account as it occurred.
Let me show you how:
You can also check out this article for more details about this: How To View Retained Earnings Account Details.
Feel free to check out these articles as well for additional for additional guidance when working with your financial data in QBO:
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