| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1550 |
| Technical Name |
sync_fiscal_year |
| License | OPL-1 |
| Website | http://www.synconics.com |
| Versions | 10.0 11.0 12.0 13.0 14.0 15.0 16.0 |
Account Fiscal Year
Application helps accountant/account manager to manage fiscal years, fiscal year periods and generate opening and closing entries for fiscal year.
Key Features
- Manage fiscal years and its periods.
- Generating opening and closing entries for fiscal year.
- Option to cancel opening entry.
Fiscal Year
For instance, Fiscal Year 2018 needs to be closed.
To define new fiscal year, go to Invoicing/Configuration/Periods/Fiscal Years
Periods can be defined in two formats: Monthly Periods and 3 Months Periods
For instance, to create monthly periods, click on Create Monthly Periods button.
Opening Entries Accounts
Define Income and Expense account for opening entries (if not created).
Opening Income Account
Opening Expense Account
Opening Entries Journal
To define Opening Entries Journal, go to Invoicing/Configuration/Accounting/Journal
Set previously created accounts in Default Debit Account and Default Credit Account
Generating Opening Entries
To generate Opening Entries, go to Invoicing/Periodic Processing/End of Period/Generate Opening Entries
Click on Create button to generate openning entries.
Generated opening entries
Click on Post button to Post this journal entry.
Cancel Fiscal Year Closing Entries
To cancel fiscal year closing entries, go to Invoicing/Periodic Processing/End of Period/Cancel Closing Entries
Enter Fiscal Year whose closing entries needs to be cancelled.
Click on Cancel Closing Entries button to cancel closing entries.
Once the closing entries are cancelled, you will no longer find opening entries for current fiscal year. To create opening entries for current fiscal year, you need to re-generate openeing entries.
Close Fiscal Year
To close fiscal year, go to Invoicing/Periodic Processing/End of Period/Close a Fiscal Year
Enter Fiscal Year to close.
Click on Close Fiscal Year button to close it.
Close Period
To close a period, go to Invoicing/Periodic Processing/End of Period/Close Period
Click on Close Period button to close it.
Disclaimer
Free Support
2) If an error appears in our app due to other custom modules installed in your system, we will charge for our efforts to resolve those errors.
3) Please note that you are not allowed to distribute or resell this module after purchase.
4) This module is tested and working on Odoo vanilla with Ubuntu OS.
Get Help & Support
Our Services
Do not mention your query in comments. Odoo does not inform us if there is any query sent on comments, with this there might be a delay from our side to respond on your query. So please forward your query on contact@synconics.com for fast response.
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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Question about reports
Hello, After generating Fiscal Year Closing Entries, how the different reports (ledger, journal, ...) will work? Does the module impact modifications on reports to stop to calculate the Initial balance in real time but with entries. Thanks in advance
Re: Question about reports
This modules is compatible and tested with Community edition. Module will not impact on modifications on report to stop to calculate the initial balance. We have not applied any changes in any reports.