• Accounting Fiscal Year
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  • About Module


    Do you want to manage your fiscal year based on the financial rule of your country? A fiscal year system created for those countries where opening/closing entries are different or government accounting purposes are not the same as a calendar year. This module helps to manage fiscal years, You can generate opening and closing entries for the fiscal year. You can create your own fiscal year or you can generate a monthly or three month period for the fiscal year. You can close a fiscal year, cancel closing entries, or can close a particular period. Here income account, expense account default created for centralization & journal created with default debit and credit accounts. You can group by entries based on the fiscal year or period. Hurray!





    Features


    • 1) You can manage the fiscal year based on your financial rule.
    • 2) You can generate opening and closing entries for the fiscal year.
    • 3) You can create your own fiscal year.
    • 4) You can generate a monthly or three month period for the fiscal year.
    • 5) You can close a fiscal year, cancel closing entries, or can close a particular period.
    • 6) Income account & expense account default created for centralization.
    • 7) Journal created with default debit and credit accounts.
    • 8) You can group by entries based on the fiscal year or period.
    • 9) No special configuration required just install it and cheers!
    • 10) This module saves your important time.
    • 11) It reduces human efforts.

    Versions


    • v13.0
    • v12.0
    • v11.0
    • v10.0

    Installations


    1) You will receive the link to download the zip file of the module please download it.

    2) Extract the zip file, you will see a folder named ‘sh_sync_fiscal_year’.

    3) Copy and paste this folder inside your Odoo Addons path / Custom Addons Path.

    4) Now, open the odoo as Developer Mode.

    5) Go to Apps menu and click on ‘Update Modules List’, Press Update Button.

    6) In the search bar, search ‘sh_sync_fiscal_year’.

    7) Click on ‘Install’ to install it.

    Workflow


    Go to invoice => configuration, select the fiscal year to create fiscal year and periods.

    You can generate a monthly or three month period for the fiscal year. Click the button and enter the fiscal year and code with start and end date.

    Month wise period generated, list view of periods looks like below.

    Three month-wise periods generated, list view of periods looks like below.

    The list view of the fiscal year looks like below.

    The list view of all periods looks like below.

    Opening income account default created for centralization.

    Opening expense account default created for centralization.

    Journal created with default debit and credit accounts.

    Go to invoice => configuration, select "Generate Opening Entries" to generate opening or old year closing entries.

    After that one wizard open, select opening/closing year, opening journal & period of the new year.

    Opening journal entry created in the journal entries.

    The opening journal entry form view looks like below.

    Go to invoice => configuration, select "Cancel Closing Entries" to cancel created opening balance entry.

    After one wizard opens, select the fiscal year which journal entry you want to remove.

    The fiscal year form view look like below, you can see journal entries here.

    Go to invoice => configuration, select "Close a Fiscal Year" to close the fiscal year.

    After one wizard opens, select the fiscal year and click the close button.

    All the periods and state of the fiscal year closed.

    Go to invoice => configuration, select "Close a Period" to close the particular period.

    You can close a mass period or a particular period.

    If you want to close a particular period from the form view then click the "Close Period" button.

    After that notification occurs, click "Ok" to close that period.

    If you want to reopen the closed period then click "Reopen Period" in period form view.

    You can group by entries based on the period.

    You can group by entries based on the fiscal year.

    If you make any invoice then auto computes period and fiscal year based on the accounting date.

    Support

    You will get free support and assistance in case of any issues