[GNC] Net Income & Retained Earnings do not match

David Carlson david.carlson.417 at gmail.com
Tue Feb 14 12:34:01 EST 2023


What document type is that attachment?  If it isn't something my computer
can scan for viruses, I won't open it.

Now, if you started a new file with the same account tree, it won't have
any transactions, so those reports will be different, in fact, IIRC, net
income should be zero and retained earnings whatever you set  the opening
balance to when you set up the new books.

On Tue, Feb 14, 2023 at 11:14 AM John Wilson <jwilsondmartin at gmail.com>
wrote:

> I have set up a new set of books by exporting a tree of accounts from
> 2022, the old books, to 2023 the new books.
>
> In the old books the Net Income in my P&L report matched the Retained
> Earnings in my Balance Sheet report but it doesn't in my new set of books.
>
> Is this 'a bug' or have I done something to my tree of accounts?
>
> Help!
>
> --
> John Wilson,
> 3770 San Mateo Drive,
> Port Alberni, BC, V9Y 5H4
> Tel: 250-723-3752
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-- 
David Carlson


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