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v 16.0 Third Party 43
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 1414
Technical Name sync_fiscal_year
LicenseOPL-1
Websitehttp://www.synconics.com
Versions 10.0 11.0 12.0 13.0 14.0 15.0 16.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 1414
Technical Name sync_fiscal_year
LicenseOPL-1
Websitehttp://www.synconics.com
Versions 10.0 11.0 12.0 13.0 14.0 15.0 16.0
Account Fiscal Year

A fiscal year (FY) is a period that a company or government uses for accounting purposes, preparing financial statements. A fiscal year may not be the same as a calendar year for tax purposes. The Internal Revenue Service (IRS) allows companies to be either calendar-year taxpayers or fiscal-year taxpayers.

Our application helps accountant/account department to manage fiscal years, fiscal year periods, generate opening and closing entries for fiscal year.

  • rightCommunity
  • wromg
    Enterprise
    (On-premises)
  • wromgOdoo.sh
  • wromgOnline
Account Fiscal Year
account fiscal year
Highlights of Account Fiscal Year
Fiscal Year Management

Fiscal Year Management

Option to cancel opening entry

Option to Cancel Opening Entry

Generaties opening & closing entries

Generaties Opening & Closing Entries

supports multi company

Supports Multi Company

Key Features
Manage fiscal years and its periods
Option to cancel opening entry
Generaties opening and closing entries for fiscal year
Supports Multi Company
More Information
Fiscal Year

For instance, Fiscal Year 2023 needs to be closed.

Screen

To define new fiscal year, go to Invoicing/Configuration/Periods/Fiscal Years.

Screen

Periods can be defined in two formats: Monthly Period and 3 Months Periods.

For instance, to create monthly period, click on Create Monthly Periods button.

Screen
Opening Entries Accounts

Define Income and Expense account for opening entries (if not created)

Opening Income Account

Screen

Opening Expense Account.

Screen
Opening Entries Journal

To define Opening Entries Journal, go to Invoicing/Configuration/Accounting/Journal.

Set previously created accounts in Default Credit Account and Default Debit Account.

Screen
Generating Opening Entries

To generate Opening Entries, go to Invoicing/Periodic Processing/End of Period/Generate Opening Entries.

To generate openning entries, click on "Create" button.

Screen

Generated opening entries

Screen

To Post journal entry, click on "Post" button

Screen
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 for cancelling closing entries

To cancel closing entries click on "Cancel Closing Entries" button.

The current year Opening entries won't be visible on cancelled closing entries. To create opening entries for current fiscal year, you need to re-generate openeing entries.

Screen
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.

Screen
Close Period

To close a period, go to Invoicing/Periodic Processing/End of Period/Close Period

Click on "Close Period" button to close it

Screen

No, our app works with Odoo Community.

Yes, our module supports multi-company scenarios.

Of course, our experienced developer team is ready for any kind of customization ,feel free to contact us. Kindly Email us your requirements on contact@synconics.com.You can also ping us on our Skype Account - synconics.technologies

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  • Round Please note that you are not allowed to distribute or resell this module after purchase.
  • Round This module is tested and working on Odoo vanilla with Ubuntu OS.
  • Round Support services will be provided from Monday to Friday, 10:30 AM to 7 PM IST (Indian Standard Time).
  • Round Support will not be provided during Indian public holidays or company holidays.
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This software and associated files (the "Software") may only be used (executed,
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