How to set up equity accounts for Capital and Retained Earnings (edit)

debrasheila
debrasheila Quicken Windows Subscription Member ✭✭
edited April 2024 in Business and Rental Property Tools (Windows)

Using Quicken Classic Personal and Business v R54.16. Balance Sheet shows 1 total for Equity. I need to set up separate accounts for Capital and Retained Earnings.

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Answers

  • Tom Young
    Tom Young Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Can't be done. Quicken is a "personal" accounting system and those concepts just aren't present for personal finances.

    You can try using 2 liability Accounts here, though that's awkward. The "Business" aspect of Quicken contemplates only operating as a business reporting on Schedule C.

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