How do we setup the initaile balance in Odoo 13 ?
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Easiest way would be to post a Journal Entry dated the start of your Accounting Year with one line for each Account with a Opening Balance.
What about fixed asset opening balance. Any idea?
At a high level you can set up 2 accounts - one for Fixed Assets and the second for Depreciation since these are typically tracked separately. You should check with your Accounting team to see how they handle it today.
The Fixed Asset Register will have to be maintained separately with the details of all the assets.
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