We are happy to announce some more updated features in Odoo Accounting to seamlessly serve our users in the Philippines to comply with the Bureau of Internal Revenue. Installing our Philippines Accounting Module allows users from v14 and onward to enjoy all the following features.
Default Chart of Accounts & Default Taxes
We have configured a list of charts of accounts, including Current Assets, Fixed Assets, Bank and Cash, Receivables, and Expenses for you. On top of that, we have also updated the default tax setup with various VAT and withholding taxes, so you can start using Odoo faster.
BIR 2307 Exported Reports
And within clicks, you can generate an Excel file directly from your Accounting app that contains all the information you need to fill out the BIR 2307 (Certificate of Creditable Tax Withheld At Source).
Check out the webinar hosted by our Functional Consultant, Rafael Lobo, to learn more about the Odoo Accounting localization; schedule a meeting or contact us via Live Chat with the floating icon below!
Odoo Localization: New Accounting Features in the Philippines