#1040 Year-end-closing

[SCalderon]

hello;
A requisition of the year - end - closing is to balance the accounts of income and expense. It would be convenient to have such a process in Adempiere.
In El Salvador a requirement of the treasury-department is to start the new fiscal year with a opening balance sheet.

We developed this process in Adempiere. Enclosed you can find the java.files, the migration script and the 2Pack-Files to create these processes.

[SCalderon]

[Teo Sarca]

Hi Susanne,

Thanks for uploading this contribution.
I am just thinking if the problem is not high above, i mean this year closing (and period closing on some countries) depends for which country are u doing the accounting and on which countries it was its specific rules.

Even if I like very much the perpetual accounting approach (very nice described by Colin long time ago) i think is not always possible for some countries.

More, i am thinking why not having some year ending standard procedure which calls the custom code based on which accounting schema localization (to be defined what means accouting schema localization and how can we flag that a particular accounting schema is for that country) are we using.

More things to be considered in future:
When we are starting the the year/period closing the periods should be closed for everybody but not for accounting department. In case of year closing maybe we can use the 13rd period for this approach

Just my 2 cents.

PS: i also think this FR could be a good candidate for functional team.

Best regards,
Teo Sarca