diff --git a/content/applications/finance/accounting/reporting/declarations/tax_returns.rst b/content/applications/finance/accounting/reporting/declarations/tax_returns.rst index 6522271e0..0bf64780a 100644 --- a/content/applications/finance/accounting/reporting/declarations/tax_returns.rst +++ b/content/applications/finance/accounting/reporting/declarations/tax_returns.rst @@ -2,18 +2,17 @@ Tax return (VAT declaration) ============================ -Companies that are registered for **VAT (Value Added Tax)** must file a **Tax return** on a monthly -or quarterly basis, depending on their turnover and the regulation of the country in which they are -registered. A Tax return - or VAT return - gives the tax authorities information about the taxable -transactions made by the company, the *output tax* it has charged its customers, and the *input tax* -its vendors have charged it. Based on these values, the company can calculate the tax amount they -have to pay or be refunded. +Companies with a registered :abbr:`VAT (Value Added Tax)` number must submit a **tax return** on +a monthly or quarterly basis, depending on their turnover and the registration regulation. A tax +return - or VAT return - gives the tax authorities information about the taxable transactions made +by the company. The **output tax** is charged on the number of goods and services sold by a +business, while the **input tax** is the tax added to the price when goods or services are +purchased. Based on these values, the company can calculate the tax amount they have to pay or be +refunded. .. note:: - You can find information about VAT and its mechanism on `this page from the European Commission - `_. - -.. todo:: add doc about intracom listing + You can find additional information about VAT and its mechanism on this page from the European + Commission: `"What is VAT?" `_. Prerequisites ============= @@ -21,15 +20,16 @@ Prerequisites Tax Return Periodicity ---------------------- -The configuration of the **Tax Return Periodicity** allows Odoo Accounting to compute your Tax -Return correctly and also to send you a reminder to never miss a tax return deadline. +The configuration of the **Tax Return Periodicity** allows Odoo to compute your tax return correctly +and also to send you a reminder to never miss a tax return deadline. -To do so, go to :menuselection:`Accounting --> Configuration --> Settings --> Fiscal Periods`, -and go to the **Tax Return Periodicity** section. +To do so, go to :menuselection:`Accounting --> Configuration --> Settings`. Under the +:guilabel:`Tax Return Periodicity`, you can set: -- **Periodicity**: define here whether you file your tax return each month or every three months. -- **Reminder**: define when Odoo should remind you to file your tax return. -- **Journal**: select the journal in which to record the tax return. +- :guilabel:`Periodicity`: define here whether you submit your tax return on a monthly or quarterly + basis; +- :guilabel:`Reminder`: define when Odoo should remind you to submit your tax return; +- :guilabel:`Journal`: select the journal in which to record the tax return. .. image:: tax_returns/tax_return_periodicity.png :align: center @@ -42,15 +42,16 @@ and go to the **Tax Return Periodicity** section. Tax Grids --------- -Odoo generates Tax Reports based on the **Tax Grids** settings that are configured on your taxes. -Therefore, it is crucial to make sure that all the recorded transactions use the right taxes. You -can see on each Journal Item which Tax Grid is used for that transaction. +Odoo generates tax reports based on the :guilabel:`Tax Grids` settings that are configured on your +taxes. Therefore, it is crucial to make sure that all recorded transactions use the right taxes. +You can see the :guilabel:`Tax Grids` by opening the :guilabel:`Journal Items` tab of any +invoice and bill. .. image:: tax_returns/tax_return_grids.png :align: center :alt: see which tax grids are used to record transactions in Odoo Accounting -To configure your taxes' Tax Grids, go to :menuselection:`Accounting --> Configuration --> Taxes`, +To configure your tax grids, go to :menuselection:`Accounting --> Configuration --> Taxes`, and open the tax you want to modify. There, you can edit your tax settings, along with the tax grids that are used to record invoices or credit notes. @@ -59,12 +60,9 @@ grids that are used to record invoices or credit notes. :alt: Configure taxes and their tax grids in Odoo Accounting .. note:: - Taxes and reports are usually already pre-configured: a *Fiscal Localization Package* is - installed according to the country you select at the creation of your database. :doc:`Click here - <../../fiscal_localizations/overview/fiscal_localization_packages>` for more information about - Fiscal Localization Packages. - -.. _tax_return_lock: + Taxes and reports are usually already pre-configured in Odoo: a + :doc:`Fiscal Localization Package <../../fiscal_localizations/overview/fiscal_localization_packages>` + is installed according to the country you select at the creation of your database. Close a tax period ================== @@ -72,52 +70,41 @@ Close a tax period Tax Lock Date ------------- -Any new transaction which accounting date is prior to the **Tax Lock Date** has its tax values moved -to the next open tax period. This is useful to make sure that no change can be made to a report once -its period is closed. +Any new transaction whose accounting date prior to the :guilabel:`Tax Lock Date` has its tax values +moved to the next open tax period. This is useful to make sure that no change can be made to a +report once its period is closed. -Therefore, we recommend locking your tax date before working on your *Closing Journal Entry*. This -way, other users can't modify or add transactions that would have an impact on the Closing Journal -Entry, which helps you avoid some tax declaration errors. +Therefore, we recommend locking your tax date before working on your +:guilabel:`Closing Journal Entry`. +This way, other users cannot modify or add transactions that would have an impact on the +:guilabel:`Closing Journal Entry`, which can help you avoid some tax declaration errors. -To check the current **Tax Lock Date**, or to edit it, go to :menuselection:`Accounting --> -Accounting --> Lock Dates`. +To check the current :guilabel:`Tax Lock Date`, or to edit it, go to +:menuselection:`Accounting --> Accounting --> Actions: Lock Dates`. .. image:: tax_returns/tax_return_lock.png :align: center - :alt: Lock your tax for a specific period in Odoo Acounting + :alt: Lock your tax for a specific period in Odoo Accounting Tax Report ---------- Once all the transactions involving taxes have been posted for the period you want to report, open -your **Tax Report**. - -To do so, go to :menuselection:`Accounting --> Reporting --> Tax Report`. You can also click -on *TAX Report* from your *Accounting Overview*. - -Make sure to select the right period you want to declare by using the date filter. You can see an -overview of your tax report. Then, click on the button *Closing Journal Entry*. - -.. image:: tax_returns/tax_return_closing.png - :align: center - :alt: Select the period for the tax return and create a closing journal entry in Odoo Accounting - -After having reviewed the generated Journal Entry, click on *Post*. In addition to posting the entry, -Odoo automatically creates a PDF file with the **Tax Report** that you can download from the chatter -and preview on the right column. It includes all the values to report to the tax authorities, along -with the amount you have to pay or be refunded. +your :guilabel:`Tax Report` by going to :menuselection:`Accounting --> Reporting --> +Audit Reports: Tax Report`. Make sure to select the right period you want to declare by using the +date filter, this way you can have an overview of your tax report. From this view, you can easily +access different formats of your tax report, such as `PDF` and XLSX. These include all the values to +report to the tax authorities, along with the amount you have to pay or be refunded. .. image:: tax_returns/tax_return_report.png :align: center :alt: download the PDF with your Tax Report in Odoo Accounting .. note:: - If you forgot to :ref:`lock your tax date ` before clicking on *Closing Journal - Entry*, then Odoo automatically locks your fiscal period on the same date as the Accounting Date - of your entry. This automatic lock happens when you click on *Post*. This safety mechanism can - prevent some fiscal errors, but it is advised to lock your tax date manually before, as described - above. + If you forgot to lock your tax date before clicking on :guilabel:`Closing Journal Entry`, then + Odoo automatically locks your fiscal period on the same date as the accounting date of your + entry. This safety mechanism can prevent some fiscal errors, but it is advised to lock your tax + date manually before, as described above. .. seealso:: * :doc:`../../taxation/taxes/taxes` diff --git a/content/applications/finance/accounting/reporting/declarations/tax_returns/tax_return_closing.png b/content/applications/finance/accounting/reporting/declarations/tax_returns/tax_return_closing.png deleted file mode 100644 index 36ffc02f3..000000000 Binary files a/content/applications/finance/accounting/reporting/declarations/tax_returns/tax_return_closing.png and /dev/null differ