[GNC] Retained Losses on Balance Sheet
Fred Tydeman
tydeman.fred at gmail.com
Sat Apr 15 15:50:49 EDT 2023
Thank you.
If the Balance Sheet said: Retained Earnings/Losses
then it would make sense for my report to have a red negative number.
The Trading Gains number is positive on my report,
but is negative in the COA. Is that to be expected?
On Sat, Apr 15, 2023 at 10:17 PM Murugan Muruganandam <
m.muruganandam at hotmail.com> wrote:
> 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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