You can record Premium/Withdrawal entries for ULIP in MProfit. Please follow the below process:  

1. In the MProfit portfolio summary screen, right click on the ULIP that you need to add a Premium/Withdrawal entry for.

In the drop-down, select Premium/Withdrawal.

2. In the following window select Premium or Withdrawal from Trans. Type dropdown. 

Next, enter Date and Amount and click Save.