QB Issue Resolution:
The “Retained earnings” account is the one that has no register, no matter what it is Named in a specific file. This is the account QB uses to “close the year’s Net Income” for the first date of the new year, so that income and expense can start at 0 again.
A “double-entry” means something got entered twice? You can delete that entry from the “other” perspective.
Resolution for Issue 'How do I delete owners equity double entry? Would that be a journal entry? Also, why isn’t there a register for this account? Thanks' available: Yes (Solved).
Source: Intuit Community forum.
How do I delete owners equity double entry? Would that be a journal entry? Also, why isn’t there a register for this account? Thanks: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for account QB
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Error Recovery for account QB [Canada]
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