removing of all entries in chart of accounts with fiscal period is closed?

hello,

When you closed any fiscal year it will not turns the account value to zero instead if any balance is remaining as a closing balance you can transfer this to new fiscal year and one more thing it will not allow to change any past entry of closed fiscal year.

You can see the previous entry balance.

Thanks.

Does it automatically transfer my balance to the new fiscal year or I have to configure something? But why is that when I use the demo data of v 5.0.6, when I close the fiscal year my account turns to zero.

another question: Why is it that I can i still configure/edit/modify my entries though I've already my fiscal year. but based on the openerp book, it is stated that once you have close a fiscal year or period you cannot modify any entry of that period?

thank you..

Hello,

There is one wizard in the following path :
Financial Management => Periodical Processing => End of Year Treatment => Generate Fiscal Year Opening Entries
With the help this wizard we can transfer the closing balance into new fiscal year.
You can not change the account move which are posted state and account move lines are reconcile.

Thanks.

thank you, this partly solved my problem.

I use that wizard then define all the info needed. but it prompt me a UserError that says I don't have any entry to reconcile in my old fiscal year. My next question is what if I don't have any entry to reconcile?

Thank you again.

Hello,

yes, it didnot find any entry which are remaining to reconcile in old fiscal year so it will prompt you a UserError.Through this wizard if any entry are remaining to reconcile in old fiscal year it will take those entries and make them into reconcile.

what if I don't have any entry to reconcile?
Ans : In this case you just directly calling the another wizard that is close fiscal year.It will directly closes fiscal year with out checking remaining closing balance.As you already know that you have no closing balance to move into new fiscal year.

Hope this will help you.

Thanks.

Now I know... thanks,

but there is still a minor problem... Now that I close my fiscal year I can't access my entries (through this menu financial mngt > Entries encoding > entries encoding by line and entries encoding by move) of the period I closed which is correct. but if I go through the chart of accounts and access one of the account it will direct me to account.move.line (right?) but i can still modify my entries through that menu.

thank you very much.

Another question, does this apply to analytic accounts too?

Thanks vra (openerp), that solved my question.

Hi,

I m getting User Error "You have to define Write Off account" while i tried to run that wizard.
So, what is solution?

please help me.
Thanks in Advance..