## Documentation Index Access the complete documentation index at: https://www.zoho.com/en-de/books/kb/llms.txt Use this file to discover all available documentation pages before proceeding. [Back](./) # How do I enter the previous year’s profits in Zoho Books when I’m migrating to Zoho Books from another software? ![](/books/images/ue-resources/llm-utility-menu/sparkle-ai.svg) Explore With AI ![](/books/images/ue-resources/llm-utility-menu/dd-arrow.svg) * [Open in ChatGPT (opens in new tab)](https://chatgpt.com/?prompt=Analyze+the+content+of+https%3A%2F%2Fwww.zoho.com%2Fen-de%2Fbooks%2Fkb%2Fopening-balance%2Fenter-previous-year-profit.html+and+understand+it+thoroughly+so+I+can+ask+questions+about+it.) * [Open in Claude (opens in new tab)](https://claude.ai/new?q=Analyze+the+content+of+https%3A%2F%2Fwww.zoho.com%2Fen-de%2Fbooks%2Fkb%2Fopening-balance%2Fenter-previous-year-profit.html+and+understand+it+thoroughly+so+I+can+ask+questions+about+it.) * ![Copy for LLM](/books/images/ue-resources/llm-utility-menu/copy.svg) Copy for LLM * [![View as Markdown](/books/images/ue-resources/llm-utility-menu/md.svg) View as Markdown (opens in new tab)](/en-de/books/kb/opening-balance/enter-previous-year-profit.md) If you’re migrating to Zoho Books from another software, you can enter the previous year’s profit as opening balance in the Retained Earnings account. Here’s how: * Go to **Settings** on the top right corner of the page. * Click **Opening Balances** under _Organization_. * Click **Edit** at the top. * Scroll down to _Equity_ and enter the previous year’s profit as a credit entry in **Retained Earnings**. ![Enter the previous year's profit in the Retained Earnings account](/books/kb/images/opening-balance/retained-earnings.png) * Click **Continue**. * Verify the opening balance and click **Confirm**. * * *