| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 305 |
| Technical Name |
withholding_on_payment |
| License | OPL-1 |
| Website | http://yuab.odoo@gmail.com |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 305 |
| Technical Name |
withholding_on_payment |
| License | OPL-1 |
| Website | http://yuab.odoo@gmail.com |
Withholding On Payment
Automate withholding tax (VAT/WHT) calculations and journal entries directly from vendor payment registration.
Odoo 17
Accounting
$96 USD
OPL-1
Overview
This module automates withholding tax (VAT/WHT) calculations and journal entries when registering vendor payments in Odoo. It ensures compliance with tax regulations by automatically deducting the configured withholding percentage from payments and creating separate accounting entries for withheld amounts.
Key Features
⚙️
Automatic WHT Calculation
📋
Configurable Tax Rates
📒
Separate Journal Entries
🔀
Multiple WHT Configurations
How It Works
1
Configure Withholding Tax
- Navigate to Accounting > Configuration > Withholding VAT
- Click Create and fill in Name, Rate (%), Account, and Journal
- Save the configuration
2
Register Payment with Withholding
- Go to Accounting > Vendors > Payments or register from a vendor bill
- Check Apply WHT and select the withholding configuration
- The system calculates: Withholding Amount = Payment × Rate
- Confirm the payment
3
Review Journal Entries
- Payment Entry: Records the net amount paid to vendor
- Withholding Entry: Records the withheld tax amount
Example Calculation
| Invoice Amount | $1,000.00 |
| Withholding Rate | 2% |
| Withholding Amount | $20.00 |
| Net Payment to Vendor | $980.00 |
Installation
- Copy the module to your Odoo addons directory
- Update the apps list
- Install the module from the Apps menu
Technical Details
Version17.0.1.0.0
CategoryAccounting
Dependsaccount
LicenseOPL-1
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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