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Distribute earnings and equity from before your start date

After you have entered all of your opening balances and made other adjustments, you may want to move the amount in Opening Bal Equity to your other equity accounts. This is an optional adjustment if you want to identify retained earnings or the equity of several owners.

See Transfer money out of Opening Bal Equity.

See also

KB ID# H_SETUP_INFO_DISTRIB_OPEN_BAL_EQUITY_BEFORE_START
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