How to close the financial year?

How do I close the financial year in Dolibarr?

Please anyone an answer to the above question? I’m using version 13.0.3. Accounts have been setup but how to close the financial year?

Kindly I urgently need an answer to this topic. Is there any provision to close the financial year. Where else can I get an answer to this?

Hello,

Up on topics are tolerated, but only once per day.
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Hi,
As far as I know, you can not close an year at this moment.
You can use the setting: ACCOUNTANCY_SHOW_OPENING_BALANCE in Other Setup.
In the account balance, it shows a new column with the topic: Opening Balance. It shows you the balance of accounting accounts from previous years.
Then I use a reporting engine called “Reportico” for the reports my accountant needs for the annual reporting.
I hope that this is helping you a bit.

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Hi Klaas,
Thanks for the reply.