Entering the opening balance for the Current Year Earnings account
Although this account doesn't appear in the Account Opening Balances window, don't worry -- it does exist. The balance of this account is incremented automatically during the course of your normal MYOB Accounting Plus business activity, so you can't enter an opening balance for it.
If your conversion month is the first month of your financial year, the opening balance of your Current Year Earnings account will be zero. This indicates that your company hasn't acquired any income in the current year because the year has just begun. (To enter detail accounts' opening balances)