It isn't a Real entry. It is your Net Income math value, for the first date of the new fiscal year.

The Net income from the date before gets closed to "Retained Earnings" which is often renamed to Unrestricted Net Assets. As you work on the previous year's financial data, that value will keep changing.

That net income is already seen in Equity for the current FY, so nothing really changed.

Whether that is "ok" or not, depends on the data. If your data is Right, then this is reflecting that status.

If you are new at using QB for a Not For Profit, I recommend the book Running QB for Not For Profits, by Kathy Ivens.

Please see my attached reporting image.