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how to set opening balance in odoo 15

At the year-end, we will have to transfer the closing balance of the current year as an opening balance to the new financial year. In odoo 15 we used a journal and journal entries for setting opening balance.First, create an equity account for opening balance and a journal entry to bring account balances into the new financial year as opening balance entries. The date of the journal entry should the beginning of the fiscal year or quarter.