How to Create Opening Balance in Odoo 18

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How to Create Opening
Balance in Odoo 18
Enterprise

Enterprise
Odoo 18, a comprehensive and feature-rich open-source ERP
system, offers powerful accounting functionalities. A...

Enterprise
First go to the Accounting app ‣ Configuration ‣ Settings.

Enterprise
Click "Review manually" under Accounting Import in the Accounting
Settings section.

Enterprise
Here, you can view all the chart of accounts based on the fiscal
localization, and you can also create a new on...

Enterprise
"Click 'View' to see all the fields, including the balance details."

Enterprise
Go to Accounting > Journal Entries, remove the 'Posted' filter, and you
will see that a new Opening Journal Ent...

Enterprise
When you click on it, you can see the opening balances that were set in
the Chart of Accounts recorded here.

Enterprise
When you click the Post button and check the Chart of Accounts, the
balance amount will be updated as shown in ...

Enterprise
When we create and post a new journal entry, it also updates the balance
of the corresponding chart of accounts.

Enterprise
Here you can see the chart of accounts that were affected when the
journal entry was posted.

Enterprise
Go to Reporting > Balance Sheet, where you can view the recorded
balance amount.

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