Thanks for the great explanations. That gave me a good understanding of which functions to use.@qbteachmt you mention to avoid Journal Entries in favor of other...
Thanks for the explanation of the Retained Earnings account. I was able to pull up the Net Income Detail report which included the exact information that I was ...
Thanks again@qbteachmtfor your thorough reply!Once I meet with my CPA, I’ll post a follow-up on how this was resolved. I have a lot to still learn about QB. Unf...
Something just clicked from reading your last post… my thinking would only make sense (at least to me) if I wasn’t closing out the Draws and Retained Earnings a...
I have no doubt that you’re correct in your approach of accounting and QB.Maybe it’s because I’m looking at it from outside the sphere of QB. Whether I split ea...
