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Hello there Odooers,

I'm trying to get the hang of accounting principles, so please bear in mind I have only an IT background. I'm puzzled by some journal items like having the "Tax received" which is a current liability account on both Invoices and bills, although there are 4 different tax accounts in the chart of accounts. additionally, this account is behaving rather strangely for me. For example in changing on the credit side in bills and on the debit side in invoices.


I'd really appreciate your answers. I'm merely checking the examples in Odoo's online demo. I really would like to better understand this aspect of accounting.


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