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#63168 - 02/27/20 12:55 PM retained earnings for departments
Janet Offline
Adagio Graduate

Registered: 08/12/10
Posts: 43
Loc: Ontario
would it make more sense to open a new retained earnings account when setting up a department or can the retained earnings use departments?

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#63173 - 02/27/20 02:16 PM Re: retained earnings for departments [Re: Janet]
Steve Schwartz Offline
Adagio God

Registered: 03/10/02
Posts: 4521
Loc: Wynnewood, PA
Either way works. Whether it makes sense depends on your business and your financial reporting needs, not on the Adagio software.

Steve

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#63183 - 02/28/20 06:04 AM Re: retained earnings for departments [Re: Steve Schwartz]
Janet Offline
Adagio Graduate

Registered: 08/12/10
Posts: 43
Loc: Ontario
Ok just wanted to make sure retained earnings could have departments Thank you

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