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I would like to know how to close the fiscal year accounts and create a opening balance for current year in odoo 11.

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check this: https://www.odoo.com/forum/help-1/question/close-fiscal-year-in-odoo-11-community-144910

seams the official guidance for this only works in odoo 11 enterprise...

https://www.odoo.com/documentation/user/11.0/accounting/others/adviser/fiscalyear.html

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In Odoo 11 you can see 

Invoicing --> Configuration --> Settings


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I've got the same problem. Odoo removed the fiscal period menu in Odoo 11. How are users supposed to close fiscal years in odoo 11? Will this feature be back in upcoming releases? Thanks for your help.

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Please read the accounting documentation carefully and then revert  if you have specific questions.

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I want to know how close the account in year end and create a opening balance for account new financial year in odoo 11

Please read it yourself. Make sure you have read and understood the accounting main concepts and then read the chapter about doing a year end: https://www.odoo.com/documentation/user/11.0/accounting/others/adviser/fiscalyear.html

Ermin, the information in the documentation is not working under CE. We want clear procedure for doing this under Community edition. If you have any clue, let us know. Thanks

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