diff --git a/CHANGELOG b/CHANGELOG
index bf7d9507a0..e314e0d667 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,4 @@
+* Ease creation of new fiscalyear
 * Drop required on party payable and receivable accounts
 * Make tax description translatable
 * Add searcher on General Ledger
diff --git a/__init__.py b/__init__.py
index 5c5d7a98f8..43fa03a7c3 100644
--- a/__init__.py
+++ b/__init__.py
@@ -78,6 +78,7 @@ def register():
         CreateMoveKeywords,
         Party,
         PartyAccount,
+        RenewFiscalYearStart,
         module='account', type_='model')
     Pool.register(
         BalanceNonDeferral,
@@ -96,6 +97,7 @@ def register():
         OpenTaxCode,
         TestTax,
         PartyReplace,
+        RenewFiscalYear,
         module='account', type_='wizard')
     Pool.register(
         GeneralLedger,
diff --git a/fiscalyear.py b/fiscalyear.py
index 4c36989797..af9c41e9ff 100644
--- a/fiscalyear.py
+++ b/fiscalyear.py
@@ -1,5 +1,7 @@
 # This file is part of Tryton.  The COPYRIGHT file at the top level of
 # this repository contains the full copyright notices and license terms.
+from __future__ import division
+
 from dateutil.relativedelta import relativedelta
 from trytond.model import ModelView, ModelSQL, Workflow, fields
 from trytond.wizard import Wizard, StateView, StateAction, Button
@@ -9,7 +11,8 @@ from trytond.transaction import Transaction
 from trytond.pool import Pool
 
 __all__ = ['FiscalYear', 'FiscalYearLine',
-    'BalanceNonDeferralStart', 'BalanceNonDeferral']
+    'BalanceNonDeferralStart', 'BalanceNonDeferral',
+    'RenewFiscalYearStart', 'RenewFiscalYear']
 
 STATES = {
     'readonly': Eval('state') != 'open',
@@ -478,3 +481,112 @@ class BalanceNonDeferral(Wizard):
                 ('origin', '=', str(self.start.fiscalyear)),
                 ])
         return action, {}
+
+
+def month_delta(d1, d2):
+    return (d1.year - d2.year) * 12 + d1.month - d2.month
+
+
+class RenewFiscalYearStart(ModelView):
+    "Renew Fiscal Year Start"
+    __name__ = 'account.fiscalyear.renew.start'
+    name = fields.Char("Name", required=True)
+    company = fields.Many2One('company.company', "Company", required=True)
+    previous_fiscalyear = fields.Many2One(
+        'account.fiscalyear', "Previous Fiscalyear", required=True,
+        domain=[
+            ('company', '=', Eval('company')),
+            ],
+        depends=['company'],
+        help="Used as reference for fiscalyear configuration.")
+    start_date = fields.Date("Start Date", required=True)
+    end_date = fields.Date("End Date", required=True)
+    reset_sequences = fields.Boolean("Reset Sequences",
+        help="If checked, new sequences will be created.")
+
+    @classmethod
+    def default_company(cls):
+        return Transaction().context.get('company')
+
+    @classmethod
+    def default_previous_fiscalyear(cls):
+        pool = Pool()
+        FiscalYear = pool.get('account.fiscalyear')
+        fiscalyears = FiscalYear.search([
+                ('company', '=', cls.default_company() or -1),
+                ],
+            order=[('end_date', 'DESC')], limit=1)
+        if fiscalyears:
+            fiscalyear, = fiscalyears
+            return fiscalyear.id
+
+    @classmethod
+    def default_reset_sequences(cls):
+        return True
+
+    @fields.depends('previous_fiscalyear')
+    def on_change_previous_fiscalyear(self):
+        if self.previous_fiscalyear:
+            fiscalyear = self.previous_fiscalyear
+            months = month_delta(
+                fiscalyear.end_date, fiscalyear.start_date) + 1
+            self.start_date = fiscalyear.start_date + relativedelta(
+                months=months, day=fiscalyear.start_date.day)
+            self.end_date = fiscalyear.end_date + relativedelta(
+                months=months, day=fiscalyear.end_date.day)
+            self.name = fiscalyear.name.replace(
+                str(fiscalyear.end_date.year),
+                str(self.end_date.year)).replace(
+                str(fiscalyear.start_date.year),
+                str(self.start_date.year))
+
+
+class RenewFiscalYear(Wizard):
+    "Renew Fiscal Year"
+    __name__ = 'account.fiscalyear.renew'
+    start = StateView('account.fiscalyear.renew.start',
+        'account.fiscalyear_renew_start_view_form', [
+            Button("Cancel", 'end', 'tryton-cancel'),
+            Button("Create", 'create_', 'tryton-ok', default=True),
+            ])
+    create_ = StateAction('account.act_fiscalyear_form')
+
+    def fiscalyear_defaults(self):
+        pool = Pool()
+        Sequence = pool.get('ir.sequence')
+        defaults = {
+            'name': self.start.name,
+            'start_date': self.start.start_date,
+            'end_date': self.start.end_date,
+            'periods': [],
+            }
+        previous_sequence = self.start.previous_fiscalyear.post_move_sequence
+        sequence, = Sequence.copy([previous_sequence])
+        if self.start.reset_sequences:
+            sequence.number_next = 1
+        else:
+            sequence.number_next = previous_sequence.number_next
+        sequence.save()
+        defaults['post_move_sequence'] = sequence.id
+        return defaults
+
+    def create_fiscalyear(self):
+        pool = Pool()
+        FiscalYear = pool.get('account.fiscalyear')
+        fiscalyear, = FiscalYear.copy(
+            [self.start.previous_fiscalyear],
+            default=self.fiscalyear_defaults())
+        periods = [p for p in self.start.previous_fiscalyear.periods
+            if p.type == 'standard']
+        months = month_delta(fiscalyear.end_date, fiscalyear.start_date) + 1
+        if len(periods) == months:
+            FiscalYear.create_period([fiscalyear])
+        elif len(periods) == months / 3:
+            FiscalYear.create_period_3([fiscalyear])
+        return fiscalyear
+
+    def do_create_(self, action):
+        fiscalyear = self.create_fiscalyear()
+        action['res_id'] = [fiscalyear.id]
+        action['views'].reverse()
+        return action, {}
diff --git a/fiscalyear.xml b/fiscalyear.xml
index aa7e305f37..803d79a49c 100644
--- a/fiscalyear.xml
+++ b/fiscalyear.xml
@@ -98,5 +98,23 @@ this repository contains the full copyright notices and license terms. -->
         <menuitem parent="menu_processing" sequence="10"
             action="act_balance_non_deferral"
             id="menu_balance_non_deferral"/>
+
+        <record model="ir.ui.view" id="fiscalyear_renew_start_view_form">
+            <field name="model">account.fiscalyear.renew.start</field>
+            <field name="type">form</field>
+            <field name="name">renew_fiscalyear_start_form</field>
+        </record>
+
+        <record model="ir.action.wizard" id="act_renew_fiscalyear">
+            <field name="name">Renew Fiscal Year</field>
+            <field name="wiz_name">account.fiscalyear.renew</field>
+        </record>
+        <record model="ir.action-res.group"
+                id="act_renew_fiscalyear_group_admin">
+            <field name="action" ref="act_renew_fiscalyear"/>
+            <field name="group" ref="group_account_admin"/>
+        </record>
+        <menuitem parent="menu_fiscalyear_configuration" sequence="20"
+            action="act_renew_fiscalyear" id="menu_renew_fiscalyear"/>
     </data>
 </tryton>
diff --git a/setup.py b/setup.py
index 0fa010439c..ddec353433 100644
--- a/setup.py
+++ b/setup.py
@@ -128,5 +128,6 @@ setup(name=name,
         'tests/scenario_move_cancel.rst',
         'tests/scenario_move_template.rst',
         'tests/scenario_reports.rst',
+        'tests/scenario_renew_fiscalyear.rst',
         ],
     )
diff --git a/tests/scenario_renew_fiscalyear.rst b/tests/scenario_renew_fiscalyear.rst
new file mode 100644
index 0000000000..a46ed1858b
--- /dev/null
+++ b/tests/scenario_renew_fiscalyear.rst
@@ -0,0 +1,62 @@
+=================================
+Account Renew Fiscalyear Scenario
+=================================
+
+Imports::
+
+    >>> import datetime
+    >>> from dateutil.relativedelta import relativedelta
+    >>> from decimal import Decimal
+    >>> from proteus import Model, Wizard, Report
+    >>> from trytond.tests.tools import activate_modules
+    >>> from trytond.modules.company.tests.tools import create_company, \
+    ...     get_company
+    >>> from trytond.modules.account.tests.tools import create_fiscalyear
+    >>> today = datetime.date.today()
+    >>> end_year = today + relativedelta(month=12, day=31)
+
+Install account::
+
+    >>> config = activate_modules('account')
+
+Create company::
+
+    >>> _ = create_company()
+    >>> company = get_company()
+
+Create fiscal year::
+
+    >>> fiscalyear = create_fiscalyear(company)
+    >>> fiscalyear.click('create_period')
+    >>> period = fiscalyear.periods.new()
+    >>> period.name = 'Adjustment'
+    >>> period.start_date = end_year
+    >>> period.end_date = end_year
+    >>> period.type = 'adjustment'
+    >>> fiscalyear.save()
+
+Set the sequence number::
+
+    >>> sequence = fiscalyear.post_move_sequence
+    >>> sequence.number_next = 10
+    >>> sequence.save()
+
+Renew fiscalyear using the wizard::
+
+    >>> renew_fiscalyear = Wizard('account.fiscalyear.renew')
+    >>> renew_fiscalyear.form.reset_sequences = False
+    >>> renew_fiscalyear.execute('create_')
+    >>> new_fiscalyear, = renew_fiscalyear.actions[0]
+    >>> len(new_fiscalyear.periods)
+    12
+    >>> new_fiscalyear.post_move_sequence.number_next
+    10
+
+Renew fiscalyear resetting sequences::
+
+    >>> renew_fiscalyear = Wizard('account.fiscalyear.renew')
+    >>> renew_fiscalyear.form.reset_sequences = True
+    >>> renew_fiscalyear.execute('create_')
+    >>> new_fiscalyear, = renew_fiscalyear.actions[0]
+    >>> new_fiscalyear.post_move_sequence.number_next
+    1
diff --git a/tests/test_account.py b/tests/test_account.py
index 1429a456cb..1feb2fdde4 100644
--- a/tests/test_account.py
+++ b/tests/test_account.py
@@ -1046,4 +1046,9 @@ def suite():
             tearDown=doctest_teardown, encoding='utf-8',
             checker=doctest_checker,
             optionflags=doctest.REPORT_ONLY_FIRST_FAILURE))
+    suite.addTests(doctest.DocFileSuite(
+            'scenario_renew_fiscalyear.rst',
+            tearDown=doctest_teardown, encoding='utf-8',
+            checker=doctest_checker,
+            optionflags=doctest.REPORT_ONLY_FIRST_FAILURE))
     return suite
diff --git a/view/renew_fiscalyear_start_form.xml b/view/renew_fiscalyear_start_form.xml
new file mode 100644
index 0000000000..ebf611f753
--- /dev/null
+++ b/view/renew_fiscalyear_start_form.xml
@@ -0,0 +1,17 @@
+<?xml version="1.0"?>
+<!-- This file is part of Tryton.  The COPYRIGHT file at the top level of
+this repository contains the full copyright notices and license terms. -->
+<form>
+    <label name="previous_fiscalyear"/>
+    <field name="previous_fiscalyear"/>
+    <label name="company"/>
+    <field name="company"/>
+    <label name="name"/>
+    <field name="name" colspan="3"/>
+    <label name="start_date"/>
+    <field name="start_date"/>
+    <label name="end_date"/>
+    <field name="end_date"/>
+    <label name="reset_sequences"/>
+    <field name="reset_sequences"/>
+</form>