Withholding Tax (TDS) on Customer Receipts/Payments and Vendor Payments
by Siddiq Chauhdry | Markhortech https://www.markhortech.pk$ 66.04
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 147 |
| Technical Name |
mt_account_wht |
| License | OPL-1 |
| Website | https://www.markhortech.pk |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 147 |
| Technical Name |
mt_account_wht |
| License | OPL-1 |
| Website | https://www.markhortech.pk |
MarkhorTech - Withholding Tax Module
Smart Tax Management & Business Automation
✅ Compatible with Odoo 18
What is the Withholding Tax (WHT) Module?
The Withholding Tax Module automates **tax calculation, deductions, and compliance tracking** for businesses using **Odoo Community & Enterprise Editions**. It allows organizations to manage **WHT deductions on invoices, vendor payments, and financial reports** effortlessly. This module integrates directly with **Odoo Accounting**, ensuring **seamless financial record-keeping** while maintaining compliance with **local and international tax regulations**.
How It Works in Odoo Community & Enterprise
The module integrates seamlessly into **Odoo’s accounting system**, dynamically applying **WHT at various stages of financial transactions**. It ensures that the appropriate tax rates are applied **based on vendor or customer rules**, and journal entries are **automatically updated** to maintain balance.
- ✅ Odoo Community Edition: Allows **manual tax configurations**, **semi-automated WHT application**, and **basic reporting tools**.
- ✅ Odoo Enterprise Edition: Fully **automates tax calculations**, **multi-company integration**, **comprehensive tax reconciliation**, and **compliance tracking**.
Key Features
Automated WHT Calculation
Automatically deduct WHT based on configured rules.
Accurate Journal Entries
Ensures correct debit & credit balance in accounting.
Multi-Currency Support
Handles transactions in different currencies seamlessly.
Detailed Tax Reports
Generate detailed WHT summaries & compliance reports.
Automated Deductions
Automatically applies WHT based on country regulations.
Compliance Ready
Ensures compliance with global tax laws & policies.
Screenshots
Explore the user interface of our Withholding Tax Module in action.
✅ Built for Odoo Accounting & ERP
© 2025 MarkhorTech. All Rights Reserved.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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