Hi,

I do use QB online version, When I run Report on 'Retained Earnings' Chart of Account- it says 'no data'. I do see many people saying that by end of the year/beginning of next fiscal, net-income get automatically transferred to 'Retained Earnings' Account. (or in other words, 'Net Income' from previous year in Profit-Loss Report will be equal to retained earnings value. 

However I do not see any info in the Retained Earning account Report or no item in 'Balance Sheet' report . Please help me to understand,

Thanks