Hi nikki_davis_63,
You can create a journal entry to clear the drawings account on a previous financial year. However, I'd recommend you consult with an ccountant on what may be your best options that suits on your business needs.
For your reference, you can also check on these articles:
Year-end guide and checklist - Business Owners
How to view Retained Earnings account details
Feel free to reach out to us if you have questions.