QuickBooks Online Sync Error: Business Validation Error: You cannot delete or edit the Retained Earnings account. It is used to create the balance sheet report. (1)
Why the Sync Error occurs
This error occurs when a deleted account is trying to sync to QuickBooks Online (QBO) from PayMaker, and the account is set as Retained Earnings account in QBO. QBO does not allow Retained Earnings accounts to be deleted.
How to Fix the Sync Error
The Retained Earnings account cannot be deleted or edited in QBO. The only options are to reactivate the deleted account in PayMaker or to contact Customer Support to clear the error.