How to close Accounting Fiscal year on Odoo 9.
After closing Particular Fiscal year opening balance entry need to update and transactions need to be deleted.
Odoo is the world's easiest all-in-one management software.
It includes hundreds of business apps:
- CRM
- e-Commerce
- Accounting
- Inventory
- PoS
- Project
- MRP
This question has been flagged
2
Replies
3266
Views
From Odoo 9, closing of fiscal years happen automatically at designated year end i.e balances of P&L accounts are zeroed out and the net is carried forward in the Balance sheet. All you need to do is to decide how to allocate the current year earning. More here: https://www.odoo.com/documentation/user/12.0/accounting/others/adviser/fiscalyear.html
https://twitter.com/fpodoo/status/653037765802729472
Enjoying the discussion? Don't just read, join in!
Create an account today to enjoy exclusive features and engage with our awesome community!
Sign up| Related Posts | Replies | Views | Activity | |
|---|---|---|---|---|
|
0
Sep 23
|
1907 | ||
|
0
Sep 23
|
1603 | ||
|
2
Jun 25
|
11038 | ||
|
6
Oct 23
|
21895 | ||
|
3
Mar 24
|
9348 |
