Hi Folks,

I'd like to upload a picture of my sample trial balance to show the problem.

I've configured the inventory valuation to use anglo-saxon model + perpetual inventory costing. Everything works fine now and all calculations are correct. However:

#1 - There is no line shown as Net Operating Income #2 - Reported income is Negative Number (Understood, but would be better if it'd show a positive number) #3 - There is no retained earnings in Balance Sheet, how do I post income to this account and show it on the BS? #4 - PL is posted under Liabilities in Balance Sheet, there's no RE to transfer the balance to.