openerp-expert-accounting team mailing list archive

[Frédéric Clementi <frederic.clementi@xxxxxxxxxxxxxx>]

Hi Bogdan,

OpenERP definitely generate an opening entry generating balances brought
forward... and logically it has to be posted on the on the new fy 1st day.

What is a bit confusing in the way openERP manage it, is that the closing
entry is included in this opening entry.
In theory we should have, one entry balancing all P&L accounts to the P&L
account (2990 in CH - through '9xxx accounts' if you like ) AND a 2nd step
bring the balance forward to the new fy. But with the OpenERP CoA and
financial reports...the first entry is useless because, when you check
previous years financials in CoA, you don't want to see the figures after
closing otherwise you see no figures in P&L accounts...hope this is clear


Frédéric CLEMENTI
Business Solutions
Camptocamp SA
Tel : + 41 (0)21 619 1041
http://www.camptocamp.com

 <frederic.clementi@xxxxxxxxxxxxxx>




2011/5/10 Bogdan Stanciu <bogdanovidiu.stanciu@xxxxxxxxx>

> hello everyone,
>
> I have the feeling that one small area of the closing process is not
> well covered.
>
> There is a account (reserve_account_id or
> property_reserve_and_surplus_account) in the COA. Actually only a few
> COA have it pre-configured, but one can configure it in the company
> view. It seems that nothing really uses it, but it is there. the B/S
> report wizard has it too (with a wrong domain - bug #780598) but again,
> it does not seem to be used.
>
> Now we use in Switzerland (not sure about all details, though) a YE
> closing which consist in a few moves:
>
> There is of course the BS closing/opening which transfers assets and
> liabilities as needed (through acc 9100) which is covered by the
> "Generate Opening Entries" wizard. we just need to set the centralising
> opening/closing journal with acc 9100 dr cr and everything is there (I
> suppose:-))
>
> 1) all sales (acc 3xxx) go to acc 9000  (closing)
> 2) all COS (acc 4xxx) go to acc 9000
> thus 9000 we would have the gross margin
> 3) then overheads would go to 9001  (closing)
> if the case the extraordinary results go also on 9001 dr-cr
> 4) 9000 would go into 9001 therefore we get the net margin
> 5) 9001 will eventually go into 2991 (current year P/L - Eqty)
>
> 6) at the opening 2991 would be emptied into 2990, accumulated P/L - Eqty.
>
> I am kindly asking you for some feedback.
>
> do you have similar entries in your country?
> if yes, how do you deal with them?
>
> i plan to make some kind of module of improvement. actually, if everyone
> needs it, the "account" module could be ammended. if not, it should go
> somehow under the localised devs, in my case l10_ch or even elsewhere.
>
> i also have a few concrete questions:
> - how would you write such entries? (1-6 above)
> - the Swiss COA comes now configured with a opening period (00) and the
> 12 months (01 to 12). i feel that these entries should be done on Dec
> 31st, not jan 1st (of the next year). is this important? I had used a
> COA with a closing period (13 - 31.12 to 31.12) but the reports did not
> discriminate it from periods 01-12... any suggestion?
>
> thank you very much!
> Bogdan
>
>
>
>
>
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