Odoo is the world's easiest all-in-one management software. It includes hundreds of business apps:
CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
My company produces a product that is subject to US Federal and State excise taxes per unit produced. How do I configure Odoo 7 to automatically calculate these taxes and record a credit under the appropriate tax payable account upon completion of manufacturing?
It is a different exercise from simply putting 2 taxes on the product? That is, assuming you already have those taxes configured?
So Sales --> Product --> Product, under the Accounting tab.
While I don't know much about the USA, I can assume that state taxes differ per state. If that is the case, you might want to look into the fiscal positions option (we use that over here in Europe to provide shipments of goods to other neighbouring EU countries). You can then make a record for each state where taxes are being substituted per state. Don't forget to propertly configure your partners.
About This Community
This platform is for beginners and experts willing to share their Odoo knowledge. It's not a forum to discuss ideas, but a knowledge base of questions and their answers.Register
Odoo Training Center
Access to our E-learning platform and experience all Odoo Apps through learning videos, exercises and Quizz.Test it now
|Asked: 6/17/14, 10:29 PM|
|Seen: 1516 times|
|Last updated: 3/16/15, 8:10 AM|