Mastering Retained Earnings Management in QuickBooks is crucial for maintaining accurate financial records. Retained earnings represent the accumulated net income a company retains rather than distributing it to shareholders. Start by regularly reviewing your balance sheet to track retained earnings. At the end of the fiscal year, QuickBooks automatically transfers net income to retained earnings. However, it’s essential to verify these entries for accuracy. Additionally, consider running detailed profit and loss reports to ensure all income and expenses are correctly recorded. Please visit our website: https://www.adviceventure....