A withholding tax, also called a retention tax, is a government requirement for the payer of a customer invoice to withhold or deduct tax from the payment, and pay that tax to the government. #odoo15accounting In most jurisdictions, withholding tax applies to employment income. #odoo15functionalvideos With normal taxes, the tax is added to the subtotal […]
There are numerous types of taxes, and their application varies greatly, depending mostly on your company’s localization. To make sure they are recorded with accuracy, Odoo’s tax engine supports all kinds of uses and computations. #odoo15sales #odoo15enterprise As part of your Fiscal Localization Package, most of your country’s sales taxes are already pre-configured on your […]
There are numerous types of taxes, and their application varies greatly, depending mostly on your company’s localization. Tax can be set for a company, product, and account. Most of your country’s taxes are already pre-configured on your database when you install the fiscal localization. To edit or create a new Tax, go to Accounting – […]