These can be changed from the Accounts menu, Change Equity Names.

They are normally Equity and Retained Earnings for businesses and Networth and Net Income for individual. They will be set based on the type of organization selected when the entity was first set up. However, these names can be later changed from Accounts | Change Equity Names.

For more info see the FN Help file for index topic Changing Equity Names.

BGL

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Originally posted by John:
Net Income is one of the built-in Equity accounts. The other is Networth.

These can be changed from the Accounts menu, Change Equity Names.

They are normally Equity and Retained Earnings for businesses and Networth and Net Income for individual. They will be set based on the type of organization selected when the entity was first set up. However, these names can be later changed from Accounts | Change Equity Names.

For more info see the FN Help file for index topic Changing Equity Names.

[This message has been edited by John (edited 12-01-2000).]

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