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Maldives - Accounting

by
Odoo

$ 299.89

v 18.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 855
Technical Name l10n_mv
LicenseOPL-1
Websitehttps://www.crowe.mv
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 855
Technical Name l10n_mv
LicenseOPL-1
Websitehttps://www.crowe.mv

Maldives - Accounting Localization

Complete Accounting Localization for Businesses in Maldives

This Odoo addon is designed to be compliant with MIRA regulations. However, it is an independent product and is not officially endorsed, certified, or affiliated with the Maldives Inland Revenue Authority (MIRA).

Key Features

Maldives - Accounting provides a complete solution for businesses operating in the Maldives. The module extends Odoo's accounting capabilities with Maldives-specific tax regulations, chart of accounts, and reporting features in compliance with MIRA (Maldives Inland Revenue Authority) requirements.

Maldives Chart of Accounts

  • Predefined chart of accounts structured for Maldivian businesses
  • Account groups in both English and Dhivehi
  • Ready-to-use account hierarchy with appropriate numbering system
  • Designed to meet local business requirements
GST & Tax Configuration

  • GST (Goods and Services Tax) at 8% for standard transactions
  • TGST (Tourism Goods and Services Tax) at 16% for tourism sector
  • Zero-rated and exempt tax configurations
  • Plastic Bag Tax support
  • Automatic tax application based on partner fiscal position
Fiscal Positions

  • Domestic fiscal position for local transactions
  • Foreign fiscal position for export of goods and services
  • Tourism sector-specific fiscal position for resorts, hotels, and guest houses
  • Automatic tax mapping based on fiscal positions
Currency Support

  • Maldivian Rufiyaa (MVR) configured as default currency
  • USD support for international transactions
  • Multi-currency handling with appropriate exchange accounts
  • Automatic currency exchange gains/losses tracking
Tax Management

  • Tax activity classification system as required by MIRA
  • Default "General" tax activity code (Code: 8)
  • Company-specific tax activity configuration
  • Automatic assignment of tax activities based on partner information
GST Reporting

  • GST Output Report for sales tax reporting
  • GST Input Report for purchase tax reporting
  • Excel report generation with period selection
  • Detailed tax analysis by tax activity and category
  • Fully compliant with MIRA reporting requirements

Benefits

Complete Reporting

Include all invoices in your GST reports

Automated Integration

No manual work needed to create GST reports

Compliance Assured

Meet MIRA requirements for comprehensive GST reporting

Installation Guide

Requirements
  • Odoo 18.0
Installation
  1. Download the module as a ZIP file
  2. Extract to your Odoo addons directory
  3. Restart Odoo service
  4. Go to Apps menu and click "Update Apps List"
  5. Search for "Maldives - Accounting" and install

Configuration Guide

Company Setup
  1. Go to Settings -> Companies
  2. Edit your company information
  3. Set country to Maldives
  4. Configure your Tax Identification Number (TIN)
  5. Check "Tourism Sector" if applicable
Tax Activities
  1. Go to Accounting -> Configuration -> Tax Activities
  2. Verify the default "General" tax activity is present
  3. Add additional tax activity codes as needed for your business
Fiscal Positions
  1. Go to Accounting -> Configuration -> Fiscal Positions
  2. Configure partner-specific fiscal positions as needed
  3. For tourism sector partners, enable the "Tourism Sector" option

Usage Guide

Invoice Creation

When creating invoices, the system will automatically assign the appropriate tax based on:

  • Partner's fiscal position
  • Whether the transaction is domestic or foreign
  • Tourism sector status

Tax Activity field will appear on invoices for proper tax categorization

Partner Configuration
  1. Edit partner details and set country to Maldives
  2. Configure TIN number in the VAT field
  3. Enable "Tourism Sector" for tourism-related businesses
  4. Fiscal position will be automatically suggested
GST Reporting

For sales GST reporting:

  1. Go to Accounting -> Reporting -> GST Output Report
  2. Select the reporting period
  3. Generate and download the report in Excel format

For purchase GST reporting:

  1. Go to Accounting -> Reporting -> GST Input Report
  2. Select the reporting period
  3. Generate and download the report

Technical Details

This module implements:

  • Custom models for tax activities and GST reporting
  • Extended account.move model with Maldives-specific fields
  • Automatic tax determination based on fiscal positions
  • Post-installation hooks for default configuration
  • Integration with Odoo's standard accounting features

Changelog

1.0.0

Initial release of Maldives - Accounting for Odoo 18

Support

For questions or support, please contact:

  • Website: https://www.crowe.mv
  • Author: Crowe Maldives LLP
  • Support: info@exponent.mv
  • License: OPL-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,
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ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
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