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		<title>Retained earnings</title>
		<link>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm</link>
		<description>Retained earnings</description>
		<lastBuildDate>Fri, 1 Jun 2012 8:39:57 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[Above advice is exactly why when]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm</link>
				<description><![CDATA[Above advice is exactly why when you post to this type of forum, you take the adviuce with a grain of salt.
While you are correct that RE is a credit (many accounting program]]></description>
				<pubDate>Fri, 1 Jun 2012 8:39:57 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm#790538</guid>
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				<title><![CDATA[Your accounting software is corr]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm</link>
				<description><![CDATA[Your accounting software is correct, RE or prior year profits as a credit. You can access this money in a few ways. With an LLC you do want to make sure you consider paying yourself a salary to avoid issues with the IRS. 
You would also access ]]></description>
				<pubDate>Fri, 1 Jun 2012 8:39:57 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm#790308</guid>
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				<title><![CDATA[I currently own an LLC partnersh]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm</link>
				<description><![CDATA[I currently own an LLC partnership and have 90% ownership. We have been in business for 3.5 years and for 2011 my share of the profits was around 23,000. For some reason my accounting software shows the amount in a negative, is this correct? Can I acces]]></description>
				<pubDate>Fri, 1 Jun 2012 8:39:57 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Retained-earnings-2012-05-21.htm#789875</guid>
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