If prior Profit and Loss Statement shows profit, then make JE as Retained Earning Account (Credit) against all corresponding Profit and Loss Accounts on reversa...
Usually QBO creates/updates Retained Earning Account automatically against Profit & Loss Accounts at every end of fiscal year. However, you can also update an o...
From one license you can do this simply. Create two locations (Business Activity1 and Business Activity2) and two item categories (Business Activity1 Items and ...
Create a new chart of account as "Credit Card Bank ****657" under Bank Category with the option selection of "Credit Card". Once created, it will be appeared on...
