Zeroing Out Retained Earnings without Journal Entry?

Epicor provided info on how to do an override for a one sided journal entry

  • System Setup - Company -Site Maintenance > Company Configuration

  • Select Modules TAB - Finance TAB - General Ledger TAB

  • Under Options

  • Check Allow Unbalanced Manual General Journal Entries

  • File > Save

  • Financial Management > General Ledger > General Operations > Journal Entry

  • File > New > New Group

  • Enter Group ID

  • File > New > New Journal

  • Enter Description

  • File > New > New Journal Line

  • Select G/L Account

  • Enter either the Debit or Credit value

  • File > Save

  • Actions > Post

  • Override

  • Out of Balance. Do you wish to flag this journal entry for an override?

  • Yes