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October 9, 2025
Question

I was using quickbooks desktop and now online. When I go to pull balance sheets it shows retained earnings. I am trying to figure out how to remove that.

  • October 9, 2025
  • 1 reply
  • 9 views
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1 reply

QuickBooks Team
October 9, 2025

Hi there, freedom57401. Thank you for using QuickBooks Online.

 

Retained Earnings account displays the profit a company reinvests in itself.

 

 

QuickBooks Online (QBO) doesn't have an option to remove Retained Earnings from the Balance Sheet because it's a standard accounting component for the equity report. QBO automatically calculates and displays retained earnings, reflecting the cumulative net income (or losses) from prior years.

 

Here’s a guide on how to manage your Retained Earnings : View Retained Earnings account details

 

 

Please let me know in the comments below if you have any other concerns or follow-up questions.