Run a balance sheet. If your books are over one year old, you will have an amount in retained earnings. The account retained earnings does not have a register like the rest of the assets, liability & equity accounts.

Resolution for 'account retained issue: 'Hello, I have been using QuickBooks for the past year but now that I am looking to close my books, I have no Retained Earnings. Why is this?' available: Yes.

The account retained 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 account retained issue yourself by looking for a resolution described in the article. If it is a complex account retained issue or you are unable to solve the issue, you may contact us by clicking here or by using other account retained support options.

For more information about resolving issues related to account retained in Quickbooks/QBO or to get support for the issue 'Hello, I have been using QuickBooks for the past year but now that I am looking to close my books, I have no Retained Earnings. Why is this?', click the link below: