[GNC] Retained Losses on Balance Sheet
Murugan Muruganandam
m.muruganandam at hotmail.com
Sat Apr 15 15:17:38 EDT 2023
this thread gives you a complete run down on the concept.
https://lists.gnucash.org/pipermail/gnucash-user/2016-December/067980.html
to cross verify your retained losses, run a Profit and Loss report from the starting of your book date and you should see the number.
also, you will not see this as negative as the title itself states you have a loss.
Saludos Cordiales
Murugan
________________________________
From: gnucash-user <gnucash-user-bounces+m.muruganandam=hotmail.com at gnucash.org> on behalf of Fred Tydeman <tydeman.fred at gmail.com>
Sent: Saturday, April 15, 2023 1:29 PM
To: Gnucash Users <gnucash-user at gnucash.org>
Subject: [GNC] Retained Losses on Balance Sheet
OS: Linux Fedora 37
GnuCash 4.14
I am running a Balance Sheet report
In the Equity section, I have four subtotals, all in black.
Total equity (of my accounts)
Retained Losses
Trading Gains
Total Equity (report)
For bottom Total Equity to be the sum of the other three,
Retained Losses should be negative and in Red,
instead of positive and in Black.
Am what I am getting the expected result,
or is this a bug in the report?
Also, where does Retained Losses come from?
There is no entry in the Tutorial and Concepts Guide.
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