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The retained earnings account

In QuickBooks, Retained Earnings is a very, very special account. You can rename the Retained Earnings account, but you cannot:

  1. Merge Retained Earnings.
  2. Change the type of Retained Earnings.
  3. Create sub accounts of Retained Earnings.
  4. Make Retained Earnings the sub account of another account.
  5. Create another equity account and make it act like Retained Earnings (although the Rebuild Data utility can do that if necessary).
Entries to Retained Earnings








For more information on Retained Earnings


  1. Viewing the Retained Earnings account.
  2. View a retained earnings example from QuickBooks.


If this information does not answer your question, you can read discussions and post messages and questions relating to your issue on the Intuit QuickBooks Community site for free. You can contact an agent for additional guidance. Fees may apply.

KB ID# INF12328
8/29/2015 9:55:01 AM
PPRDQSSWS401 9125 Pro 2015 635a93