Hello, I have Odoo 8 and I don't know how to close a fiscal year. I go to Accounting -> Configuration -> Periods -> Fiscal year and I don't find the button to close the fiscal year. I have closed all the periods of the fiscal year yet.
Thanks!
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Hello, I have Odoo 8 and I don't know how to close a fiscal year. I go to Accounting -> Configuration -> Periods -> Fiscal year and I don't find the button to close the fiscal year. I have closed all the periods of the fiscal year yet.
Thanks!
Hi,
To close a financial year, use the menu Accounting‣ Periodical Processing ‣ End of Period ‣ Close a Fiscal Year. A wizard opens asking you for the financial year to close.
In order to close a fiscalyear, you must first post related journal entries.
When the year is closed, you can no longer create or modify any transactions in that year. So you should always make a backup of the database before closing the fiscal year.