Closing a year (2019) and start a new year (2020) the Profit&Loss from 2019 (= 47.111).
Manager’s automatically posting (transferring) the P&L to the Retained Earning account (= "cumulatief resultaat) on balance sheet 31-12-2018. So far all OK.
But starting a new year 01-01-2020 this P&L amount (47.711 from 2019) should transfered to the Starting Balance equity (new start 2020). So on 01-01-2020 this amout shoul be 97.710 + 47.711 = 145.421
The Retained Earing (Cumulatief Resultaat) on 01-01-2020 should be zero… in my situation this will not transfered automaticly. The Starting Balance remain at 97.710 and the Retain Earning will grow from 47.711 to (for example) 67.711 adding 20.000 P&L from 2020.
I try to transfer manual with a journal entry, but i can not open “Starting Balance Equity”, it’s not listed.
My idea is to create a new account (for example) “test kapitaal rekening”, but in this case the Starting Balance Equity always remain at 97.710… that’s not an award winning solution.
Do i overlook something, or how can i fix this?