diff --git a/content/applications/finance/accounting/reporting/overview.rst b/content/applications/finance/accounting/reporting/overview.rst index 42a63e4ab..137d0d111 100644 --- a/content/applications/finance/accounting/reporting/overview.rst +++ b/content/applications/finance/accounting/reporting/overview.rst @@ -9,4 +9,5 @@ Overview overview/main_reports overview/customize - overview/data_inalterability \ No newline at end of file + overview/data_inalterability + overview/tax_carryover \ No newline at end of file diff --git a/content/applications/finance/accounting/reporting/overview/tax_carryover.rst b/content/applications/finance/accounting/reporting/overview/tax_carryover.rst new file mode 100644 index 000000000..d81f16d9b --- /dev/null +++ b/content/applications/finance/accounting/reporting/overview/tax_carryover.rst @@ -0,0 +1,38 @@ +============= +Tax carryover +============= + +When performing tax reports, the **tax carryover** feature allows carrying amounts from one period +to another without creating new entries. + +It has been created to meet the legal requirements of specific locations, where amounts must be +transferred from period to period (for example, because the total of the line is negative). + +The feature is activated by default in countries where it is required, such as Belgium, France, and +Italy. There is no specific configuration required. + +Let’s take an example of a Belgian company that created a credit note of 100 for one of their +customers. The due tax is 21%. + +.. image:: tax_carryover/belgian-example.png + :align: center + :alt: Illustration with a credit note + +In this case, as per local regulation, grid 81 of the tax report may contain a negative amount. But +it must be declared to the government as zero, and the negative amount should be carried over to the +next period. + +If we go to :menuselection:`Accounting app --> Reporting --> Tax Report`, a pop-up on line 81 +explains that the amount will be carried over in the next period. + +.. image:: tax_carryover/pop-up.png + :align: center + :alt: pop-up message stating the amount will be carried over to the next period + +At the time of the tax closing period, the tax report shows that the amount was carried over from +the previous period. It also indicates the amount that will be carried over to this line in the next +period based on the existing transactions and the carryover from the previous period. + +.. image:: tax_carryover/tax-return.png + :align: center + :alt: Illustration of the tax return diff --git a/content/applications/finance/accounting/reporting/overview/tax_carryover/belgian-example.png b/content/applications/finance/accounting/reporting/overview/tax_carryover/belgian-example.png new file mode 100644 index 000000000..9d7b2e02a Binary files /dev/null and b/content/applications/finance/accounting/reporting/overview/tax_carryover/belgian-example.png differ diff --git a/content/applications/finance/accounting/reporting/overview/tax_carryover/pop-up.png b/content/applications/finance/accounting/reporting/overview/tax_carryover/pop-up.png new file mode 100644 index 000000000..9e782ee8d Binary files /dev/null and b/content/applications/finance/accounting/reporting/overview/tax_carryover/pop-up.png differ diff --git a/content/applications/finance/accounting/reporting/overview/tax_carryover/tax-return.png b/content/applications/finance/accounting/reporting/overview/tax_carryover/tax-return.png new file mode 100644 index 000000000..d70f8ab65 Binary files /dev/null and b/content/applications/finance/accounting/reporting/overview/tax_carryover/tax-return.png differ