Odoo is the world's easiest all-in-one management software.
It includes hundreds of business apps:
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Hi Odoo team
You don't need to generate opening entries; they are not necessary in Odoo in order to report on the next fiscal year. (That's actually an amazing feature)
The only entry you should do is a manual entry to allocate Current Year Earnings into Cumulated Earnings.
Here is the full documentation, with advices on how to close the fiscal year; https://www.odoo.com/documentation/user/11.0/accounting/others/adviser/fiscalyear.html
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