Xero - beautiful accounting software

Xero Business Community

Xero Business Community

Hi everyone, Come on over to the new discussions in Xero Central. It’s a more intuitive way to connect and chat all things business with one another. Ask questions, dish out answers, and get involved.

You can still view topics in the Xero Business Community to see all the useful knowledge that’s been shared there; and you can restart conversations you feel have been of huge value to you on Xero Central.

If you have brilliant ideas for innovations, you can keep on adding feature requests in the Xero Business Community, and voting on existing requests. There’s more in store, as we come up with the best way to take on your thoughts and share developments
Community > Feature Requests >
1
Vote

Map retained earnings to income statement - Xero Financials

Started by Shawn Gander in Feature Requests | Idea

I'd like to show my statement of retained earnings with the income statements. I.E.:

Sales $xxxx
Expenses $xxx
----------
Earnings before income tax $xxxxx
Income tax expense $xxxx
----------
Net Earnings $xxxx
Retained Earnings, beg $xxx
----------
Retained Earnings, end $xxx
======

Could add dividends in there too, if applicable, to come up with the ending retained earnings which ties to the balance sheet. It's common to present the statement of retained earnings with the income statement on CPA prepared financials in Canada. It would be really nice to have the option to map in retained earnings and dividends... although if this option existed, there would have to be a way to separate mapping for opening retained earnings vs ending.

A custom row that could be manually filled in would suffice.

Thanks!!