What do I do with retained earnings from 2017 (filed as Sole Prop) when a Client (LLC) is electing to file as an S-Corp for 2018?

[melissasbookkeep]

Schedule L is where you enter your Retained Earnings from the beginning of the year (Retained Earnings includes last year's Retained Earnings, +/- Last year's Net Income/Loss, +/- Owner Distributions).

That is what messed me up, as QuickBooks only closes out the Net Income to the next year's Retained Earnings.