Skip to Content

Fiscal Year for Accounting

by

32.56

17.0 0
Live Preview
Required Apps Invoicing (account)
Discuss (mail)
Technical Name fiscal_year_sync_app
License OPL-1
Also available in version 17.0 15.0 14.0
You bought this module and need support ? Click here!
Technical Name fiscal_year_sync_app
License OPL-1
Also available in version v 15.0 v 14.0 v 17.0

Introduction

The Fiscal Year Sync App for Odoo is designed to streamline fiscal period management in multi-company environments. It automatically synchronizes fiscal years across all companies, ensuring uniform fiscal structure and reducing manual maintenance. This module enhances accounting consistency, simplifies financial setup, and saves time for administrators overseeing multiple entities.

Key Features

  • Automatically creates and aligns new fiscal years in child companies when a parent company's fiscal year ends

  • Maintains uniform fiscal year duration and dates across companies

  • Eliminates repetitive manual fiscal year setup in multi-company configurations

  • Runs as a scheduled process for seamless synchronization

Benefits

  • Ensures consistent fiscal periods across all companies for cleaner financial reporting

  • Reduces administrative effort by automating year-end fiscal setup

  • Enhances accuracy and comparability of financial statements across entities

  • Supports multi-company governance through standardized accounting structure

Compatibility & Technical Details

Technical Name: fiscal_year_sync_app

License: Odoo Proprietary License (OPL-1)

Required Modules: Core Accounting (multi-company setup)

Installation Steps:

  1. Install the module via the Odoo Apps interface and refresh the apps list.

  2. Ensure that the multi-company setup and Accounting modules are active.

  3. Configure sync settings—identify the controlling company to mirror fiscal years.

  4. Enable automatic synchronization for aligned fiscal structure across companies.

Finacial Fiscal Year Management with Accounting App


After odoo version8 odoo stop supporting finacial fiscal year and fiscal period setup and management for accounting system. with this odoo apps we support same feature so user can create their own fiscal year and peroid for accounting management and generate monthly or three monthly period for fiscal year and it also have feature to close fiscal financial year , transfer opening/closing entry etc.


Manage Accounting Fiscal Years and Accounting Periods

Manage accounting fiscal years and accounting periods.

Generating Opening and Closing Entries For Fiscal Year

Generating opening and closing entries for fiscal year.

Option To Close Entries, Years And Periods

Option to close entries, years and periods.


Description


Create Fiscal Year Record

Go to invoice > configuration > periods > fiscal years.



After creating record user can 'create monthly periods or 3 months periods' base on start date and end date.


User can see "created monthly periods" in invoice > configuration > periods.



Generate Opening Entries

Go to invoice > accounting > periodic processing > generate opening entries.


Generate opening entries.


Created journal entry record in invoice > accounting > journal entries.



User have click on "post" button to validate unposted "opening journal entry".


User can view "created journal entry" in fiscal year.


User Can Close A Fiscal Year

Go to invoice > accounting > periodic processing > close a fiscal year.


Select a fiscal year in "fiscal year to close" and click on "close fiscal year" button.


Go to invoice > configuration > fiscal years.


Closed fiscal year.


User Can Close A Particular Period

Go to invoice > accounting > periodic processing > close a period.


User can click on "Close Period" button for closing accounting period.


Click on check box then "close a period".



User can Close Created Journal Entries

Go to invoice > accounting > periodic processing > cancel closing entries.


Select a fiscal year to cancel closing entries.



Selected fiscal year journal entries will be unlinked.



Here, accounting period should be the same as the invoice date.



Added new menu update existing records by clicking on it will open wizard.



By clicking on the update existing records button it will update the accounting period in the invoice.



Here, you can see the accounting period has been updated.



By clicking on the same button it will also update the period in journal entry.




Our Services


Get In Touch


You will get 60 Days free support in case any bugs or issue.

For any query or support contact us without hesitation on

[email protected]

Odoo Proprietary License v1.0
This software and associated files (the "Software") may only be used (executed,
modified, executed after modifications) if you have purchased a valid license
from the authors, typically via Odoo Apps, or if you have received a written
agreement from the authors of the Software (see the COPYRIGHT file).

You may develop Odoo modules that use the Software as a library (typically
by depending on it, importing it and using its resources), but without copying
any source code or material from the Software. You may distribute those
modules under the license of your choice, provided that this license is
compatible with the terms of the Odoo Proprietary License (For example:
LGPL, MIT, or proprietary licenses similar to this one).

It is forbidden to publish, distribute, sublicense, or sell copies of the Software
or modified copies of the Software.

The above copyright notice and this permission notice must be included in all
copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM,
DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE,
ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
DEALINGS IN THE SOFTWARE.