Understanding Retained Earnings in QuickBooks

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Information Understanding Retained Earnings in QuickBooks

Title	:	Understanding Retained Earnings in QuickBooks
Lasting	:	8.33
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Views	:	37 rb

Thank you so much!!! I have been searching for this answer and nothing gave me the answer I was looking for! You explained and showed it so well!
Comment from : Charity Goras

Hi,brKindly explain how can we create 'Reserves and surplus' charts of account in Quick BookbrAlso in which group we create the samebrbrThank you
Comment from : Shahid Shahul

Hello there So I started working with a new client and when analyzing the financial statements from previous yrs I noticed that Retained Earnings have a balance of 0 every year; it's like QB has not been doing the transfer as you explained Can you please help?
Comment from : Jay Cee

Hi Candus, would it be possible to ask you a question in quickbooks privately
Comment from : Theresa Page

Hello Candus, Great job explaining!
Comment from : Renier Molina

Hi Candus, how come your retained earnings in 2018 Balance Sheet does not match any numbers from the 2017 Profit & Loss? Where should it come from?
Comment from : Richard Chen

how to add opening and closing inventory value only
Comment from : Kaveeta Gurav

I guess I dont see how 212044 on left is reflected on right when retained earnings shows 444314 What I needed to see was what numbers flowed into the new year
Comment from : I Am Intractable

I cannot find retained earnings on my clients bookkeeping account
Comment from : Edlyn Agamata

Hello, I dont know if you made a video on this yet, but I just started my business, and on my 3rd year, and I have yet to take a wage for myself I have no employee's and I'm a sole proprietorship How would I take a wage and classify this in quickbooks as equity, and at the end of the year, how would I zero this out, if necessary
Comment from : Edwin Aragon

Hi, Can you do a video on budget?
Comment from : Karla Bejarano

Hi Candice like to know if you have an idea regarding what my concern What exactly happened was our list of customer exceeded to its limit of 14000list so we created a new company and create a enter all of those transaction basing on the previous company file that i have In my previous file i got 25k retained earnings thats for accrual base report and got 65k on my accrual base What exactly happened i reentered those entry to my new file as general journal entry when i check the balance sheet report The 25k accrual base i was able to get it correctly but i noticed on my cash basis its higher than the original amount of what i expected to my old file My question is im i doing it correctly if yes why my retained earning for cash base is not right I did make some review about it even the journal entry i was able to make sure i entered it correctly based on my previous file information Other follow up question should i recorded it those entry as how it was created before rather than having a journal entry for those if i need to get the cash base correct Please need your expertise
Comment from : Warren Guardiario

i am an accounting student can anyone please explain to me how do we calculate retained ernings after trial balance?bri have learned only double entry,ledgers,trial balancebri am now learning statement of profit and loss, statement of financial position
Comment from : Saad Mahmood

You have a wonderful way of explaining all of this :) Thanks!!
Comment from : Michelle Horan Entryway Real Estate

Hi, very nice explanation and videos overall , if I buy one of your other courses, does the access to see these videos continue? meaning, does it expires?
Comment from : Cicciolino

The best explanation of Retained earnings and Balance sheet I have seen Thank you
Comment from : Elijah Mackey

I wish I found you when I started the course, it's really a big help, Candus You're also fun to watch
Comment from : Ealen5

I totally had this wrong in my head Now I get it, Thanks!
Comment from : MJCPeters

I love all of your videos and especially the classical way of expressing difficult things in super easy way I would like to inform you that you are my favourite channel on Quickbooks and I have great love and respect for you May you live long Love you
Comment from : Business Coach