Ce diaporama a bien été signalé.
Nous utilisons votre profil LinkedIn et vos données d’activité pour vous proposer des publicités personnalisées et pertinentes. Vous pouvez changer vos préférences de publicités à tout moment.

How to Close a Fiscal Year in Odoo 13

188 vues

Publié le

A fiscal year (FY) is a period that an organization or government utilizes for bookkeeping purposes and preparing budget summaries. The fiscal year changes among nations and is basically utilized for financial reporting by business and different associations.

Publié dans : Business
  • Soyez le premier à commenter

  • Soyez le premier à aimer ceci

How to Close a Fiscal Year in Odoo 13

  1. 1. www.cybrosys.com How to Close a Fiscal Year in Odoo 13
  2. 2.  A fiscal year (FY) is a period that an organization or government utilizes for bookkeeping purposes and preparing budget summaries.  The fiscal year changes among nations and is basically utilized for financial reporting by business and different associations. INTRODUCTION
  3. 3.  Before going ahead with closing a fiscal year, there are a few steps one should typically take to ensure that your accounting is correct, up to date, and accurate:  Make sure you have fully reconciled your bank accounts up to year end and confirm that your ending book balances agree with your bank statement balances.  Verify that all customer invoices have been entered and approved  Confirm that you have entered and agreed on all vendor bills.  Validate all expenses, ensuring their accuracy.
  4. 4.  To configure Fiscal year go to Settings of Accounting and enable the option of Fiscal Year under Fiscal Periods  If you want to define Fiscal Year more or less than a year you can configure it via Fiscal Year under Configuration of Accounting Here, the user can add relevant details like Name, Start Date, End Date and Company and create a new fiscal year pertaining to company policy.
  5. 5.  To configure Fiscal year go to Settings of Accounting and enable the option of Fiscal Year under Fiscal Periods  If you want to define Fiscal Year more or less than a year you can configure it via Fiscal Year under Configuration of Accounting Here, the user can add relevant details like Name, Start Date, End Date and Company and create a new fiscal year pertaining to company policy.
  6. 6.  In odoo we don’t have the option to close the Fiscal year instead of that we can provide Lock Dates for the fiscal year.  so Lock Dates is the last date of the Finacial year that we are closing and in Odoo there is no need to do a specific year end closing entry in order to close out income statement accounts
  7. 7.  The reports are created in real-time, meaning that the Income statement corresponds directly with the year-end date you specify in Odoo.  Therefore, any time you generate the Income Statement, the beginning date will correspond with the beginning of the Fiscal Year and the account balances will all be zero.
  8. 8. Goto Accounting > configuration > settings
  9. 9. Then enable the fiscal year > click on Fiscal years to create
  10. 10. Click on Create button
  11. 11. Provide name,company name,starting and end date for fiscal year
  12. 12. Then goto settings > users & companies > Users
  13. 13. set as advisor for accounting module > save
  14. 14. In odoo we don’t have the option to close the Fiscal year instead of that we can provide Lock Dates for the fiscal year.Goto accounting > Lock dates
  15. 15. Provide last date of the fiscal year > save
  16. 16. For More Details Check our company website for related blogs and Odoo book. How to Close a Fiscal Year in Odoo 13 Check our YouTube channel for functional and technical videos in Odoo. How to close fiscal year in Odoo 13?
  17. 17. Thank You

×