Forum Discussion

MikeBennett's avatar
MikeBennett
Cover User
1 month ago

Rollover retained earnings figure is incorrect

My Retained earnings figure went from $0 on 30/06/2024 to -16,676.37 on 01/07/2024 and profit 2024 was $0. How do I fix this?

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    1 month ago

    Hi MikeBennett,

     

    It makes sense you’re double‑checking that sudden jump in retained earnings because going from zero on 30 June to a negative figure the very next day. The best move now is to reach out to our team so they can dig into the file itself and see what caused the retained earnings to shift like that. You can contact them on Live Chat via our virtual assistant, MOCA, or by submitting a support case via My Account.

     

    Cheers,

    Doreen

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