Thanks for coming in today, @BeyondTheBox.

I have some information about the retained earnings account in QBO. Since the amount of this account is generated automatically (Profit & Loss data), you'll want to create a journal entry to correct it.

However, I'd still suggest consulting with an accountant to make sure you're recording it accordingly. You can visit this link to find an accountant.

To create a journal entry, just go to +New and then Journal entry.

In case you need help with other tasks in QBO, you can browse this link to go to our general topic with articles.

Keep me posted if you still have questions or concerns with your account. I'll be around to help. Take care and have a good one.