Forum Discussion

NortonChua's avatar
3 years ago

Change Retained Earnings account

The system account code is 3-8000 and I would like to change to another account code 3-9100.  Where can I change the mapping / Link?  

 

  • Hi NortonChua , you can renumber account 3-8000 to account 3-9100 by editing the account in the accounts list, unless you have an existing account 3-9100.

  • Mike_James's avatar
    Mike_James
    Ultimate Cover User

    Hi NortonChua , you can renumber account 3-8000 to account 3-9100 by editing the account in the accounts list, unless you have an existing account 3-9100.

  • Hi NortonChua 

     

    Thanks for your post. The linked equity accounts for retained earnings and current earnings are locked and can't be changed. When you close a financial year AccountRight automatically records a general journal transferring the current earnings balance to the retained earnings account.

     

    Please let me know if you need further help.

     

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