diff --git a/content/applications/finance/accounting/taxes/retention.rst b/content/applications/finance/accounting/taxes/retention.rst index cac486021..32151530a 100644 --- a/content/applications/finance/accounting/taxes/retention.rst +++ b/content/applications/finance/accounting/taxes/retention.rst @@ -2,69 +2,41 @@ Withholding taxes ================= -A withholding tax, also called a retention tax, is a government -requirement for the payer of a customer invoice to withhold or deduct -tax from the payment, and pay that tax to the government. In most -jurisdictions, withholding tax applies to employment income. - -With normal taxes, the tax is added to the subtotal to give you the -total to pay. As opposed to normal taxes, withholding taxes are deducted -from the amount to pay, as the tax will be paid by the customer. - -As, an example, in Colombia you may have the following invoice: - -.. image:: retention/retention03.png - :align: center - -In this example, the **company** who sent the invoice owes $20 of taxes to -the **government** and the **customer** owes $10 of taxes to the **government**. +A **withholding tax**, also known as retention tax, mandates the payer of a customer invoice to +deduct a tax from the payment and remit it to the government. Typically, a tax is included in the +subtotal to calculate the total amount paid, while withholding taxes are directly subtracted from +the payment. Configuration ============= -In Odoo, a withholding tax is defined by creating a negative tax. For a -retention of 10%, you would configure the following tax (accessible -through :menuselection:`Configuration --> Taxes`): +In Odoo, a withholding tax is defined by creating a negative tax. To create one, go +to :menuselection:`Accounting --> Configuration --> Taxes` and, in the :guilabel:`Amount` field, +enter a negative amount. -.. image:: retention/retention04.png - :align: center +.. image:: retention/negative-amount.png + :alt: negative tax amount in field -In order to make it appear as a retention on the invoice, you should set -a specific tax group **Retention** on your tax, in the **Advanced Options** -tab. +Then, go to the :menuselection:`Advanced Options` tab and create a retention :guilabel:`Tax Group`. -.. image:: retention/retention02.png - :align: center - -Once the tax is defined, you can use it in your products, sales order or -invoices. +.. image:: retention/tax-group.png + :alt: tax group for retention tax. .. tip:: - If the retention is a percentage of a regular tax, create a Tax with a - **Tax Computation** as a **Tax Group** and set the two taxes in this group - (normal tax and retention). + If the retention is a percentage of a regular tax, create a :guilabel:`Tax` with a + :guilabel:`Tax Computation` as a :guilabel:`Group of Taxes`. Then, set both the regular tax and + the retention one in the :guilabel:`Definition` tab. -Applying retention taxes on invoices -==================================== +Retention taxes on invoices +=========================== -Once your tax is created, you can use it on customer forms, sales order -or customer invoices. You can apply several taxes on a single customer -invoice line. +Once the retention tax has been created, it can be used on customer forms, sales orders, and +customer invoices. +Several taxes can be applied on a single customer invoice line. -.. image:: retention/retention01.png - :align: center - -.. note:: - When you see the customer invoice on the screen, you get only a - **Taxes line** summarizing all the taxes (normal taxes & retentions). - But when you print or send the invoice, Odoo does the correct - grouping amongst all the taxes. - -The printed invoice will show the different amounts in each tax group. - -.. image:: retention/retention03.png - :align: center +.. image:: retention/invoice-tax.png + :alt: invoice lines with taxes .. seealso:: - * :doc:`../taxes` + :doc:`../taxes` diff --git a/content/applications/finance/accounting/taxes/retention/invoice-tax.png b/content/applications/finance/accounting/taxes/retention/invoice-tax.png new file mode 100644 index 000000000..ed8782713 Binary files /dev/null and b/content/applications/finance/accounting/taxes/retention/invoice-tax.png differ diff --git a/content/applications/finance/accounting/taxes/retention/negative-amount.png b/content/applications/finance/accounting/taxes/retention/negative-amount.png new file mode 100644 index 000000000..661191b58 Binary files /dev/null and b/content/applications/finance/accounting/taxes/retention/negative-amount.png differ diff --git a/content/applications/finance/accounting/taxes/retention/tax-group.png b/content/applications/finance/accounting/taxes/retention/tax-group.png new file mode 100644 index 000000000..05cdec316 Binary files /dev/null and b/content/applications/finance/accounting/taxes/retention/tax-group.png differ