## Documentation Index

Access the complete documentation index at:
https://www.zoho.com/sa/books/kb/llms.txt

Use this file to discover all available documentation pages before proceeding.

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# Does Zoho Books automatically transfer all my earnings to my Equity account at the end of the year?

No, all of the earnings are by default tracked under the **Retained Earnings** account, which is also an **Equity** type account. The cumulative of all the previous year’s **Net Profit/Loss** will be carried over as retained earnings of the current year.

If you wish to transfer the amount from retained earnings accounts to any other equity account either by creating a new account or any existing account, you can create a manual journal entry. Here’s how you do it:

*   Go to **Manual Journals** under the _Accountant_ module from the left sidebar.
*   Click the **+New Journal** button.
*   You can post **Debit** value against the **Retained Earnings** account and **Credit** value against the other equity account to which you wish to transfer the amount.

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