I am having trouble with a retained earnings account. My understanding is, that as a bookkeeper you do not post to the RE account. My question is, when is it appropriate for an accountant to post to the RE account. Thanks for your help.
Ana

At the end of the accounting period when you are closing out your temporary accounts(Income Statement accounts. You close these accounts to the Income Summary account, then you close out Income Summary to Retained Earnings. Also you close out your dividends to Retained Earnings at the same time.