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Tax rate bifurcation

Debashis Das
on 3/6/13, 3:14 AM 5,446 views

I am working on a Service module where Billing will add Service Tax. In India, the Service Tax rate is 12.36 %. I have found that on the Accounts / Tax module. But the Tax amount should be reflected on Invoice as bifurcated in 12 % (on sub-total amount)+ 2 % (on 12 % amount ) + 1 % (on 12 % amount). Please help me to do that.

On 3/6/13, 6:08 AM
  1. Make new tax - Tax Type Percentage, value 0.12
  2. Put appropriate Invoice Tax Account
  3. Make new Children/Sub Tax - Tax Type Percentage, value 0.02
  4. Put appropriate Invoice Tax Account
  5. Save
  6. Make another new Children/Sub Tax - Tax Type Percentage, value 0.01
  7. Put appropriate Invoice Tax Account
  8. Save

In invoice

image description

Just make a correct sequence and name of the tax so you can get the lines of the tax arranged correctly with proper tax description. look at http://awesomescreenshot.com/08932rnhd2 try https://www.odoo.com/apps/7.0/l10n_in_account_tax/ module only for v7.0 to define category of taxes.

Mantavya Gajjar (mga)
on 7/1/14, 2:24 PM

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Asked: 3/6/13, 3:14 AM
Seen: 5446 times
Last updated: 3/16/15, 8:10 AM