Forum Discussion

DT33's avatar
DT33
Contributing User
2 years ago

Statement of Cash Flows and Retained Earnings

I'm wondering why the system entry for retained earnings on 1 July each year shows in my Statement of Cash Flows report?  This isn't a cash transaction and is throwing out the cash balance at year end.

 

Is there a way I can remove this account from the report?

 

Thanks

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi DT33 

    Thank you so much for your post. If there's an account in your AccountRight accounts list that you don't need, you can only delete it if: the

           *   account has never been used in a transaction, i.e. its balance has always been zero

    To delete an account.

    1. Go to the Lists menu and choose Accounts. The Accounts List window appears.
    2. Locate the account you want to delete and click the arrow ( ) next to it. The account details appear in the Account Information window.
    3. Go to the Edit menu and choose Delete Account. Delete Account greyed-out? Note: Your user role needs to be set up with permission to delete transactions. If you need to regularly change transactions, ask your administrator to add this permission to your user role.

    Please do let me know how you go on this.
    Regards,
    Earl