diff --git a/addons/account/account.py b/addons/account/account.py
index 95b32eac17f..9d64d291a91 100644
--- a/addons/account/account.py
+++ b/addons/account/account.py
@@ -568,6 +568,15 @@ class account_journal_period(osv.osv):
 
 account_journal_period()
 
+class account_fiscalyear(osv.osv):
+	_inherit = "account.fiscalyear"
+	_description = "Fiscal Year"
+	_columns = {
+		'start_journal_period_id':fields.many2one('account.journal.period','New Entries Journal'),
+		'end_journal_period_id':fields.many2one('account.journal.period','End of Year Entries Journal', readonly=True),
+	}
+
+account_fiscalyear()
 #----------------------------------------------------------
 # Entries
 #----------------------------------------------------------
diff --git a/addons/account/account_view.xml b/addons/account/account_view.xml
index a0388bab89a..70cf9dfb613 100644
--- a/addons/account/account_view.xml
+++ b/addons/account/account_view.xml
@@ -19,6 +19,8 @@
 				<field name="code" select="1"/>
 				<field name="date_start"/>
 				<field name="date_stop"/>
+				<field name="start_journal_period_id"/>
+				<field name="end_journal_period_id"/>
 				<separator string="Periods" colspan="4"/>
 				<field name="period_ids" colspan="4" widget="one2many_list" nolable="1">
 					<form string="Period">
diff --git a/addons/account/account_wizard.xml b/addons/account/account_wizard.xml
index dd27b2c5935..56b47cb7b25 100644
--- a/addons/account/account_wizard.xml
+++ b/addons/account/account_wizard.xml
@@ -24,17 +24,31 @@
 
 		<!-- close year, period, journal -->
 		<wizard
-			string="Close a fiscal year"
+			string="Close a Fiscal Year"
 			model="account.fiscalyear"
 			name="account.fiscalyear.close"
 			menu="False"
 			id="wizard_fiscalyear_close"/>
 		<menuitem
 			name="Financial Management/End of Year Treatments/Close a Fiscal Year"
+			sequence="11"
 			action="wizard_fiscalyear_close"
 			type="wizard"
 			id="menu_wizard_fy_close"/>
 
+		<wizard
+			string="Open a Closed Fiscal Year"
+			model="account.fiscalyear"
+			name="account.open_closed_fiscalyear"
+			menu="False"
+			id="wizard_open_closed_fiscalyear"/>
+		<menuitem
+			name="Financial Management/End of Year Treatments/Open a Closed Fiscal Year"
+			sequence="12"
+			action="wizard_open_closed_fiscalyear"
+			type="wizard"
+			id="menu_wizard_open_closed_fy"/>
+
 		<wizard
 			string="Close Period"
 			model="account.period"
diff --git a/addons/account/wizard/__init__.py b/addons/account/wizard/__init__.py
index 5fe79241155..bcd13caad97 100644
--- a/addons/account/wizard/__init__.py
+++ b/addons/account/wizard/__init__.py
@@ -49,6 +49,7 @@ import wizard_partner_balance_report
 
 import wizard_period_close
 import wizard_fiscalyear_close
+import wizard_open_closed_fiscalyear
 
 import wizard_vat
 
diff --git a/addons/account/wizard/wizard_fiscalyear_close.py b/addons/account/wizard/wizard_fiscalyear_close.py
index 3a6c7c2d97f..b5af4d86e70 100644
--- a/addons/account/wizard/wizard_fiscalyear_close.py
+++ b/addons/account/wizard/wizard_fiscalyear_close.py
@@ -36,7 +36,6 @@ _transaction_form = '''<?xml version="1.0"?>
 	<field name="fy2_id"/>
 	<field name="report_new"/>
 	<field name="report_name" colspan="3"/>
-	<field name="report_journal" colspan="3"/>
 
 	<separator string="Are you sure ?" colspan="4"/>
 	<field name="sure"/>
@@ -47,7 +46,6 @@ _transaction_fields = {
 	'fy2_id': {'string':'New Fiscal Year', 'type':'many2one', 'relation': 'account.fiscalyear', 'domain':[('state','=','draft')], 'required':True},
 	'report_new': {'string':'Create new entries', 'type':'boolean', 'required':True, 'default': lambda *a:True},
 	'report_name': {'string':'Name of new entries', 'type':'char', 'size': 64, 'required':True},
-	'report_journal': {'string':'New Entries Journal', 'type':'many2one', 'relation': 'account.journal', 'required':True},
 	'sure': {'string':'Check this box', 'type':'boolean'},
 }
 
@@ -64,13 +62,21 @@ def _data_save(self, cr, uid, data, context):
 	fy_id = data['form']['fy_id']
 	if data['form']['report_new']:
 		period = pool.get('account.fiscalyear').browse(cr, uid, data['form']['fy2_id']).period_ids[0]
-		journal = pool.get('account.journal').browse(cr, uid, data['form']['report_journal'])
-		if not journal.default_credit_account_id or not journal.default_debit_account_id:
+		new_fyear = pool.get('account.fiscalyear').browse(cr, uid, data['form']['fy2_id'])
+		start_jp = new_fyear.start_journal_period_id
+		if not start_jp:
+			raise wizard.except_wizard('UserError',
+						'The new fiscal year should have a journal for new entries define on it')
+
+		new_journal = start_jp.journal_id
+
+		if not new_journal.default_credit_account_id or not new_journal.default_debit_account_id:
 			raise wizard.except_wizard('UserError',
 					'The journal must have default credit and debit account')
-		if not journal.centralisation:
+		if not new_journal.centralisation:
 			raise wizard.except_wizard('UserError',
 					'The journal must have centralised counterpart')
+
 		query_line = pool.get('account.move.line')._query_get(cr, uid,
 				obj='account_move_line', context={'fiscalyear': fy_id})
 		cr.execute('select id from account_account WHERE active')
@@ -86,10 +92,10 @@ def _data_save(self, cr, uid, data, context):
 						'credit': account.balance<0 and -account.balance,
 						'name': data['form']['report_name'],
 						'date': period.date_start,
-						'journal_id': data['form']['report_journal'],
+						'journal_id': new_journal.id,
 						'period_id': period.id,
 						'account_id': account.id
-					}, {'journal_id': data['form']['report_journal'], 'period_id':period.id})
+					}, {'journal_id': new_journal.id, 'period_id':period.id})
 			if account.close_method=='unreconciled':
 				offset = 0
 				limit = 100
@@ -109,11 +115,11 @@ def _data_save(self, cr, uid, data, context):
 					for move in result:
 						move.update({
 							'date': period.date_start,
-							'journal_id': data['form']['report_journal'],
+							'journal_id': new_journal.id,
 							'period_id': period.id,
 						})
 						pool.get('account.move.line').create(cr, uid, move, {
-							'journal_id': data['form']['report_journal'],
+							'journal_id': new_journal.id,
 							'period_id': period.id,
 							})
 					offset += limit
@@ -135,7 +141,7 @@ def _data_save(self, cr, uid, data, context):
 					for move in result:
 						move.update({
 							'date': period.date_start,
-							'journal_id': data['form']['report_journal'],
+							'journal_id': new_journal.id,
 							'period_id': period.id,
 						})
 						pool.get('account.move.line').create(cr, uid, move)
@@ -148,8 +154,8 @@ def _data_save(self, cr, uid, data, context):
 	cr.execute('UPDATE account_period SET state = %s ' \
 			'WHERE fiscalyear_id = %d', ('done',fy_id))
 	cr.execute('UPDATE account_fiscalyear ' \
-			'SET state = %s ' \
-			'WHERE id = %d', ('done',fy_id))
+			'SET state = %s, end_journal_period_id = %d' \
+			'WHERE id = %d', ('done',start_jp,fy_id))
 	return {}
 
 class wiz_journal_close(wizard.interface):
diff --git a/addons/account/wizard/wizard_open_closed_fiscalyear.py b/addons/account/wizard/wizard_open_closed_fiscalyear.py
new file mode 100644
index 00000000000..bfaed974e48
--- /dev/null
+++ b/addons/account/wizard/wizard_open_closed_fiscalyear.py
@@ -0,0 +1,53 @@
+import wizard
+import netsvc
+import pooler
+from osv import fields, osv
+
+form = """<?xml version="1.0"?>
+<form string="Choose Fiscal Year">
+	<field name="fyear_id" domain="[('state','=','done')]"/>
+</form>
+"""
+
+fields = {
+	'fyear_id': {'string': 'Fiscal Year to Open', 'type': 'many2one', 'relation': 'account.fiscalyear', 'required': True},
+}
+
+def _remove_entries(self, cr, uid, data, context):
+	pool = pooler.get_pool(cr.dbname)
+	data_fyear = pool.get('account.fiscalyear').browse(cr,uid,data['form']['fyear_id'])
+	if not data_fyear.end_journal_period_id:
+		raise wizard.except_wizard('Error', 'No journal for ending writings have been defined for the fiscal year')
+	period_journal = data_fyear.end_journal_period_id
+	if not period_journal.journal_id.centralisation:
+		raise wizard.except_wizard('UserError', 'The journal must have centralised counterpart')
+	ids_move = pool.get('account.move').search(cr,uid,[('journal_id','=',period_journal.journal_id.id),('period_id','=',period_journal.period_id.id)])
+	pool.get('account.move').unlink(cr,uid,ids_move)
+	cr.execute('UPDATE account_period SET state = %s ' \
+			'WHERE fiscalyear_id = %d', ('draft',data_fyear))
+	cr.execute('UPDATE account_fiscalyear ' \
+			'SET state = %s, end_journal_period_id = null '\
+			'WHERE id = %d', ('draft',data_fyear))
+	return {}
+
+class open_closed_fiscal(wizard.interface):
+	states = {
+		'init' : {
+			'actions' : [],
+			'result': {
+				'type': 'form', 
+				'arch': form,
+				'fields': fields, 
+				'state':[('end','Cancel'),('open','Open')]
+			}
+		},
+		'open': {
+			'actions': [],
+			'result': {
+				'type':'action', 
+				'action':_remove_entries, 
+				'state':'end'
+			},
+		},
+	}
+open_closed_fiscal("account.open_closed_fiscalyear")