How can I close a fiscal year?

Question

Hello, I have Odoo 8 and I don't know how to close a fiscal year. I go to Accounting -> Configuration -> Periods -> Fiscal year and I don't find the button to close the fiscal year. I have closed all the periods of the fiscal year yet.

Thanks!

Dhinesh · Answer

Hi,

To close a financial year, use the menu /Accounting‣ Periodical Processing ‣ End of Period ‣ Close a Fiscal Year/. A wizard opens asking you for the financial year to close.

In order to close a fiscalyear, you must first post related journal entries.

When the year is closed, you can no longer create or modify any transactions in that year. So you should always make a backup of the database before closing the fiscal year.

Jagdish Panchal · Answer

Hi

Refer this link [1] may help you

[1] https://doc.odoo.com/6.1/book/3/3_9/entries_at_the_start_of_a_year/

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