As seen in other localisations, the Australian localization package has some groups of modules that work along with an accounting base module to provide the localization-specific reports along with the basic accounting features.
Install the ‘Australian accounting’ from Odoo apps. If you have already chosen the country as Australia at the time of database creation, Australia’s accounting package will be automatically installed and hence the chart of accounts, tax, and other accounting features related to the localization.
On installing the Australian accounting package, the package can be viewed in accounting configuration settings, under the fiscal localization.
One can choose the localization package from here (if multiple localization installed) before making an accounting entry.
This package includes the following submodule:
l10n_au (Australian – Accounting): Provides basic accounting features like the chart of accounts, taxes, fiscal positions, etc.
l10n_au_keypay(KeyPay Australian Payroll): The KeyPay Module synchronizes payslip accounting entries (e.g., expenses, social charges, liabilities, taxes) from KeyPay to Odoo automatically. Payroll administration is still done in KeyPay. We only record the journal entries in Odoo.
l10n_au_reports(Australian Reports – Accounting): This generates accounting reports for Australian-specific localization.
Video Contents:
00:00 Introduction
01:08 What are the Basic Accounting Features
02:30 How to Configure a Company
03:27 How to Set the Localization Package
04:47 How to Find the Physical position
Reference:
#odoo14 #odooaustralia #odooaccounting
#Odoo #Fiscal #Localization #Australia #Odoo #Accounting