Forum Message

Retained earnings showing as the same 2nd year running

Hi,

This is my 3rd year of using the software and after starting a new financial year and processing all the data everything looks fine accept the retained earnings.

It is showing the exact same figure as 2012.

Net assets are correct to the bank etc and the current earnings is this years profit minus last years loss but not sure why the retained earnings is identical and whether it should be!

Thanks


Posted by Paula Fazekas on Jan 26, 2014 5:33 PM GMT