diff --git a/content/applications/finance/fiscal_localizations.rst b/content/applications/finance/fiscal_localizations.rst index 755bb6508..f1870c8fd 100644 --- a/content/applications/finance/fiscal_localizations.rst +++ b/content/applications/finance/fiscal_localizations.rst @@ -104,6 +104,7 @@ available on Odoo. - Pakistan - Accounting - Panama - Accounting - :doc:`Peru - Accounting ` +- :doc:`Philippines - Accounting ` - Poland - Accounting - Portugal - Accounting - Romania - Accounting @@ -148,6 +149,7 @@ available on Odoo. fiscal_localizations/mexico fiscal_localizations/netherlands fiscal_localizations/peru + fiscal_localizations/philippines fiscal_localizations/saudi_arabia fiscal_localizations/singapore fiscal_localizations/spain diff --git a/content/applications/finance/fiscal_localizations/philippines.rst b/content/applications/finance/fiscal_localizations/philippines.rst new file mode 100644 index 000000000..5d64130be --- /dev/null +++ b/content/applications/finance/fiscal_localizations/philippines.rst @@ -0,0 +1,95 @@ +=========== +Philippines +=========== + +Configuration +============= + +:ref:`Install ` the :guilabel:`🇵🇭 Philippines` :ref:`fiscal localization package +` to get all the default accounting features of the Philippine +localization, such as a chart of accounts, taxes, and the BIR 2307 report. These provide a base +template to get started with using Philippine accounting. + +.. note:: + - When creating a new database and `Philippines` is selected as a country, the fiscal + localization module **Philippines - Accounting** is automatically installed. + - If installing the module in an existing company, the **chart of accounts** and **taxes** will + *not* be replaced if there are already posted journal entries. + - The BIR 2307 report is installed, but the withholding taxes may need to be manually created. + +Chart of accounts and taxes +--------------------------- + +A minimum configuration default chart of accounts is installed, and the following types of taxes are +installed and also linked to the relevant account: + +- VAT 12% +- VAT Exempt +- Withholding taxes + +For the withholding taxes, there is an additional :guilabel:`Philippines ATC` field under the +:guilabel:`Philippines` tab. + +.. image:: philippines/philippines-atc-code.png + :alt: Philippines ATC code field set on taxes. + +Taxes' ATC codes are used for the BIR 2307 report. If a tax is created manually, its ATC code must +be added. + +Contacts +-------- + +When a company or an individual (not belonging to a company) contact is located in the Philippines, +fill in the :guilabel:`Tax ID` field with their `Taxpayer Identification Number (TIN)`. + +For individuals not belonging to a company, identify them by using the following additional fields: + +- :guilabel:`First Name` +- :guilabel:`Middle Name` +- :guilabel:`Last Name` + +.. image:: philippines/philippines-contact-individual.png + :alt: Individual type contact with First, Middle, and Last Name fields. + +.. note:: + For both :guilabel:`Company` and :guilabel:`Individual`, the TIN should follow the + `NNN-NNN-NNN-NNNNN` format. The branch code should follow the last digits of the TIN, or else it + can be left as `00000`. + +BIR 2307 report +=============== + +**BIR 2307** report data, also known as *Certificate of Creditable Tax Withheld at Source*, +can be generated for purchase orders and vendor payments with the applicable withholding taxes. + +To generate a BIR 2307 report, select one or multiple vendor bills from the list view, and click +:menuselection:`Action --> Download BIR 2307 XLS`. + +.. image:: philippines/philippines-multi-bill.png + :alt: Multiple vendor bills selected with action to "Download BIR 2307 XLS". + +The same action can be performed on a vendor bill from the form view. + +A pop-up appears to review the selection, then click on :guilabel:`Generate`. + +.. image:: philippines/philippines-generate.png + :alt: Pop up menu to generate BIR 2307 XLS file. + +This generates the `Form_2307.xls` file that lists all the vendor bill lines with the applicable +withholding tax. + +The same process above can also be done for a *single* vendor :doc:`payment +<../accounting/payments>` if they were linked to one or more :doc:`vendor bills +<../accounting/payments/multiple>` with applied withholding taxes. + +.. note:: + - If there is no withholding tax applied, then the XLS file will not generate records for those + vendor bill lines. + - When grouping payments for multiple bills, Odoo splits the payments based on the contact. From + a payment, clicking :menuselection:`Action --> Download BIR 2307 XLS`, generates a report that + only includes vendor bills related to that contact. + +.. important:: + Odoo cannot generate the BIR 2307 PDF report or DAT files directly. + The generated `Form_2307.xls` file can be exported to an *external* tool to convert it to BIR DAT + or PDF format. diff --git a/content/applications/finance/fiscal_localizations/philippines/philippines-atc-code.png b/content/applications/finance/fiscal_localizations/philippines/philippines-atc-code.png new file mode 100644 index 000000000..10b08cf9e Binary files /dev/null and b/content/applications/finance/fiscal_localizations/philippines/philippines-atc-code.png differ diff --git a/content/applications/finance/fiscal_localizations/philippines/philippines-contact-company.png b/content/applications/finance/fiscal_localizations/philippines/philippines-contact-company.png new file mode 100644 index 000000000..73587e681 Binary files /dev/null and b/content/applications/finance/fiscal_localizations/philippines/philippines-contact-company.png differ diff --git a/content/applications/finance/fiscal_localizations/philippines/philippines-contact-individual.png b/content/applications/finance/fiscal_localizations/philippines/philippines-contact-individual.png new file mode 100644 index 000000000..65d2e4748 Binary files /dev/null and b/content/applications/finance/fiscal_localizations/philippines/philippines-contact-individual.png differ diff --git a/content/applications/finance/fiscal_localizations/philippines/philippines-generate.png b/content/applications/finance/fiscal_localizations/philippines/philippines-generate.png new file mode 100644 index 000000000..d12e6de6e Binary files /dev/null and b/content/applications/finance/fiscal_localizations/philippines/philippines-generate.png differ diff --git a/content/applications/finance/fiscal_localizations/philippines/philippines-multi-bill.png b/content/applications/finance/fiscal_localizations/philippines/philippines-multi-bill.png new file mode 100644 index 000000000..25869f5c2 Binary files /dev/null and b/content/applications/finance/fiscal_localizations/philippines/philippines-multi-bill.png differ