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How to configure my accounts correctly for Irish VAT and EU annual trade statistics?

tax
By
Catherine Ansbro
on 2/19/15, 5:14 PM 819 views

I'm in Ireland. I'm a startup sole trader. I set up a "generic" cloud version, i.e. not country specific. I haven't entered any transactions yet.

How do I compute, report and file VAT returns for Ireland? How do I make sure the EU statistics on trading details are correctly computed and reported?

Should I start instead from a UK version? (If so, how do I do that, as I started with a generic version? How would I change the base currency to €, and change the various VAT rates?)

In Ireland one can reclaim VAT on purchases during a given period, even if they have not yet been paid for--this is different from UK rules. How would I change the VAT reporting to suit Irish tax rules?

I see various tax options listed, where can I find out what they mean? 

@Catherine Ansbro Have you got it sorted since? I'm working on startup business as well and looking for Irish chart of account as well.

Andras Katona
on 11/5/15, 5:57 PM
Hello Andras,

No, unfortunately not.

I'd like to use Odoo but I'm not in a position with a small start-up to commit to paying an outsider for something that should be so simple to do with what seems to be a powerful and flexible tool (Odoo).

 I wish the Forum could provide specific guidelines.  (What are the specific fields that might have to changed, and how does one then set up & "do" a monthly VAT return?) (I am sure Odoo can do it simply--it does it for UK--but how to make the simple changes needed for Ireland? I bet there are other countries that also might want to make a few changes from another country's template.)

Regards,
Catherine

On 05/11/2015 22:57, Andras Katona wrote:
<blockquote cite="mid:1446764275.867611885070801.160976737087718-openerp-77035-forum.post@accounts-a.odoo.com" type="cite">

@Catherine Ansbro Have you got it sorted since? I'm working on startup business as well and looking for Irish chart of account as well.

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Andras Katona
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Catherine Ansbro
on 11/20/15, 12:23 PM

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Asked: 2/19/15, 5:14 PM
Seen: 819 times
Last updated: 11/20/15, 12:23 PM