Skip to main content

Generic fiscal year closing wizard

Project description

License: AGPL-3

Fiscal year closing

This module implements a generic fiscal year closing system for those countries where closing/opening moves or other kind of closing operations are mandatory in accounting books.

It includes a template mechanism that can be used in localizations for providing the possible configurations to be used by the closing engine.

Configuration

If you want to add a closing template or check existing ones:

  1. Go to Accounting > Configuration > Fiscal year closing > Closing templates.

  2. Click on Create.

  3. Put a name for the template.

  4. Mark if you want to check if there’s any draft move in the date range before making the closing operations.

  5. Select the chart templates for which companies that have this chart you want this template to be available for.

  6. Add one line for each of the journal entries you want to create on the closing operation.

  7. This line has a name, a code, an optional journal (selectable per company), a sequence for ordering this line with the others, and the type we want to assign on the resulting journal entry created.

  8. Then you can configure accounts for being mapped on the section “Accounts mapping”.

  9. If you put a destination account on each mapping line, then the balance of the source account will be transferred to that account.

  10. If there’s no destination account, then the balance of the account will be nullified through one or several journal items with the opposite balance.

  11. The way these opposite journal items will be created is determined by the closing type in the section “Account closing types”:

    • Balance: There will be only one journal item with the opposite balance.

    • Un-reconciled: The opposite balance will be grouped by the partner field in the period journal entries.

  12. There’s a default closing type to use, and you can specify others by account type.

  13. You can configure a closing operation for being the reverse move of another previous move generated by a closing operation (typically, the opening move after the closing one). For making that, fill the “Inverse config” field with the code of the closing operation you want to reverse, and place this operation after that one (not necessarily immediately after).

  14. If you also want to reconcile the balances of the inverted journal items and the initial ones, click on the check “Reconcile”.

You can check l10n_es_account_fiscal_year_closing in OCA/l10n-spain for several examples of closing templates.

Usage

For closing a fiscal year:

  1. Go to Accounting > Adviser > Fiscal year closings

  2. Click on create.

  3. Select the year for which you want to perform the closing. If your fiscal year doesn’t coincide with a natural year, input the last year of both of the involved years.

  4. Select the closing template you want to use.

  5. Click on “Calculate”.

  6. Check the result clicking on the “Show Moves” or “Show Move Lines” buttons.

  7. If everything is OK, then click on “Confirm and post moves” for finishing the closing, posting and reconciling the journal entries.

  8. You can cancel the closing in any moment pressing “Cancel” button, which unreconciles and removes closing journal entries.

  9. If one of the created journal entries is unbalanced, as Odoo doesn’t allow to create unbalanced entries, a new screen will be shown for checking the problem on the created entry.

Try me on Runbot

Known issues / Roadmap

  • Develop tests.

Bug Tracker

Bugs are tracked on GitHub Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.

Credits

Images

  • Odoo Community Association: Icon.

Contributors

Maintainer

Odoo Community Association

This module is maintained by the OCA.

OCA, or the Odoo Community Association, is a nonprofit organization whose mission is to support the collaborative development of Odoo features and promote its widespread use.

To contribute to this module, please visit https://odoo-community.org.

Project details


Download files

Download the file for your platform. If you're not sure which to choose, learn more about installing packages.

Source Distributions

No source distribution files available for this release.See tutorial on generating distribution archives.

Built Distribution

File details

Details for the file odoo10_addon_account_fiscal_year_closing-10.0.1.0.0-py2-none-any.whl.

File metadata

File hashes

Hashes for odoo10_addon_account_fiscal_year_closing-10.0.1.0.0-py2-none-any.whl
Algorithm Hash digest
SHA256 eaea21fb63943c091ffa864e450dec345cf81ff95581cfe7446c6dc3fbde4436
MD5 080171cb7921d2486068f2f333d2f002
BLAKE2b-256 9151702ab93eb5bffb235288a2186ad421063d617387192615840d1bb7ad5040

See more details on using hashes here.

Supported by

AWS AWS Cloud computing and Security Sponsor Datadog Datadog Monitoring Fastly Fastly CDN Google Google Download Analytics Microsoft Microsoft PSF Sponsor Pingdom Pingdom Monitoring Sentry Sentry Error logging StatusPage StatusPage Status page