Skip to Content
This question has been flagged
configurationaccountingfinance
2 Replies
1995 Views
Avatar
Boyan Tarlac

Hello everyone,


I have recently purchased Odoo and I am trying to configure chart of accounts. On the tutorial video, they mention that it is important to keep the default account type Current Year Earnings with number 999999.


However when I exported the default Chart of Accounts so I can adapt it to my company, I can't find it. I am afraid to pursue with configuration, because I do not want to have any errors down the line.


I did find an account with same name but the number is 322000. Is this the same account? Does the CoA vary from one country to another?


Any help would be greatly appreciated. Thank you.

Avatar
Discard
Avatar
Ray Carnes (ray)
Best Answer
Does the CoA vary from one country to another?

It does. For Canada, the Current Year Earnings account is 322000.

You can change the Code and/or the Account Name of this account, but do not change the Type.


See also https://www.odoo.com/forum/help-1/v17-accounting-list-of-default-accounts-in-usa-canada-and-their-functions-258239

Avatar
Discard
Boyan Tarlac
Author

Thank you so much for your help. It helps me to move forward with things.

Thank you again.

Related Posts Replies Views Activity
Pay Vendor Bills by ACH Solved
configuration accounting finance
Avatar
Avatar
1
May 25
1517
Odoo partner for small budgets/projects Solved
development configuration accounting finance
Avatar
Avatar
Avatar
2
Jun 25
1641
Account receivable - automatic statement of account sent to partner at beginning of each month
action configuration accounting finance
Avatar
Avatar
2
May 25
1462
Odoo for Slaughtering Solved
configuration accounting manufacturing finance
Avatar
Avatar
Avatar
2
Sep 25
1947
Degressive depreciation
configuration accounting finance depreciation
Avatar
Avatar
Avatar
2
Jan 25
7855