If your QuickBooks Retained Earning Incorrect, it's crucial to verify the Profit and Loss report to identify discrepancies. Start by running the Profit and Loss report for the fiscal year. Ensure all income and expense accounts are correctly categorized. Check for any transactions that might be mistakenly recorded in the wrong period or account. Compare the net income from this report with the change in retained earnings on the balance sheet. Any mismatches could indicate data entry errors, miscategorized transactions, or other issues. Correcting these discrepancies ensures accurate financial statements and reliable retained earnings calculations in QuickBooks.
|
Advertisements
|
|
|
It is ok to contact this poster with commercial interests.
111 Visits
Ad Detail: QuickBooks Retained Earnings Incorrect: Verify Profit and Loss Report
You are viewing "QuickBooks Retained Earnings Incorrect: Verify Profit and Loss Report" classified Ad. This free Ad is placed in Oakland Other category.
|
Similar Ads |
|
Deal locally to avoid scams and frauds!
Avoid sending money to unknown persons. Muamat.com is not involved in any transaction between members and take no responsibility of any kind of loss or damage.
BACK
|
|