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Retained Earnings (Read 450 times)
Dawn
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Retained Earnings
03/03/09 at 14:31:28
 
Is there a way to setup multiple owners under one Retained Earnings account.  Basically when I print statements I want to be able to choose to print the total retained earnings or choose to show the break out between owners with out having to create a custom statement?  I have seen this in other accounting programs, but not DBA - so far.
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Dawn
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Lynn_Pantic
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Re: Retained Earnings
Reply #1 - 03/03/09 at 19:08:07
 
Not automatically but it can be done with Journal Entries.  I would create new accounts that are the same account as Retained Earnings but a different department for each owner.   Normal Retained Earnings will post to the main account (no department) and then you can Journal it into the subaccounts.  you can then print a Balance Sheet either with or without Department Detail.
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Lynn Pantic
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