HOW TO OPENING BALANCE (OLD COMPANY)

THERE ARE TWO METHODS:
I) METHOD 1 :
 (NOT NET INCOME, CATEGORIZED INCOME AND EXPENSES)
In the Chart of Accounts > Opening Bal Equity > Activities > Use Register > Choose the accounts > Record each amount of Accounts( Increase = Dr ; Decrease = Cr ) > Recording the following ... OK > Finished.
II) METHOD 2 : (NET INCOME, CATEGORIZED INCOME AND EXPENSES)
When we create the chart of accounts, that time, we see "THE OPENING BALANCE " and we record the amount. NOTES: A/ R used for the Customers, A/ P used in Vendors. 
          How to clear the Net Income 
                       Banking > Make the Journal Entry > 
                                                                        
    DR   Categorized Income ......................$XXX
              CR Opening Bal Equity ............................................$XXX
( Note : $XXX is taken from the Profit and Loss statement)