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.
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- Make new tax - Tax Type Percentage, value 0.12
- Put appropriate Invoice Tax Account
- Make new Children/Sub Tax - Tax Type Percentage, value 0.02
- Put appropriate Invoice Tax Account
- Save
- Make another new Children/Sub Tax - Tax Type Percentage, value 0.01
- Put appropriate Invoice Tax Account
- Save
In invoice
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.