Why does shareholder distribution not reduce retained earning in QuickBooks for my S corp?

The value of the retained earnings increases in a year when the company earns net income and decreases in a year when the company incurs income statement a net loss. When a dividend is declared and paid, retained earnings are reduced by the amount of the dividend. «Basically I am trying to determine how to properly… Seguir leyendo Why does shareholder distribution not reduce retained earning in QuickBooks for my S corp?