Fiscal Year

  • Opening and Closing a Financial Year

    At the end of a financial year, you will have to transfer the closing balance of that year as an opening balance to the new financial year. OpenERP allows you to automatically post such an entry. You can transfer the new opening balance numerous times, because it is impossible to close a year at once. Correction entries will have to be made, due to which balances will change. The new balance can easily be transferred through a wizard, so you do not have to keep track of each correction entry made in the previous financial year. The procedure below is valid if you already have a financial year with entries in Odoo ERPOnline.

ERPOnline is a cloud-based solution that hosts the most popular Enterprise Resources Planning solution - Odoo. With ERPOnline, Odoo deployment has never been easier. Consumers are offered with a great possibility to deploy Odoo in one click and run it fast, securely with neither hardware investment nor software installation on individual computers nor any IT effort.

The company

T.V.T Marine Automation Co., Ltd
#40 An Lac 2, So Dau ward, Hong Bang distr., Hai Phong city
Vietnam
Sales This email address is being protected from spambots. You need JavaScript enabled to view it.
Billing This email address is being protected from spambots. You need JavaScript enabled to view it.
Support This email address is being protected from spambots. You need JavaScript enabled to view it.
Back to top