| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1183 |
| Technical Name |
us_backup_withholding_calculator_ledger |
| License | OPL-1 |
| Website | https://pokutsoft.com |
| Versions | 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1183 |
| Technical Name |
us_backup_withholding_calculator_ledger |
| License | OPL-1 |
| Website | https://pokutsoft.com |
| Versions | 18.0 19.0 |
US Backup-Withholding
Apply 24% backup withholding to flagged payees, keep a per-payee withholding ledger, and build the Form 945 liability worksheet.
Apply 24% backup withholding to flagged payees, keep a per-payee withholding ledger, and build the Form 945 liability worksheet.
Key Features
Backup-withholding flag on each payee (res.partner) with the
Backup-withholding flag on each payee (res.partner) with the four statutory triggers: missing TIN, invalid TIN, B-Notice (first/second), and C-Notice. Start and stop dates control exactly when 24% applies, so the 30-day cure window after a
24% calculator that walks posted vendor payments (cash
24% calculator that walks posted vendor payments (cash basis) or vendor bills (accrual) for a period, identifies the payments made while a payee was subject to backup withholding, and computes the withheld amount on each.
Per-payee withholding ledger — one immutable ledger entry
Per-payee withholding ledger — one immutable ledger entry per reportable payment, recording gross amount, rate, withheld amount, the trigger reason, the deposit period, and a deposit/undeposited status. Re-running the calculator reconciles
Form 945 annual worksheet — aggregates the ledger
Form 945 annual worksheet — aggregates the ledger into the Form 945 monthly liability summary (lines M-1 .. M-12 and line 7 total) for monthly schedule depositors, or a Form 945-A style semiweekly liability breakdown, including the lookback
1099 Box 4 reconciliation — totals the ledger
1099 Box 4 reconciliation — totals the ledger per payee so the federal income tax withheld you report in Box 4 of each 1099 ties exactly to what you deposited.
Start / stop triggers — collecting a valid
Start / stop triggers — collecting a valid W-9 stops withholding; a new B-Notice or a missing TIN starts it. Every change is dated and kept on the payee for audit.
CSV exports for both the payee ledger and
CSV exports for both the payee ledger and the Form 945 worksheet, which you upload yourself to EFTPS / your provider. Nothing is transmitted for you and no certification is required of us (BYOK).
Screenshots
Withholding Ledger
Calculation Runs
Form 945 Worksheet
Why Choose This Module
Backup withholding is one of the most commonly mishandled corners of US information reporting. When a payee has a missing or obviously invalid TIN, or when the IRS sends you a CP2100/CP2100A "B-Notice" or a "C-Notice", you are required to withhold 24% of each reportable payment and remit it. Odoo has nothing native for this. This module makes the whole flow auditable inside Odoo, end to end, without filing anything on your behalf.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: 35+
- Author: Pokutsoft
- Dependencies: account
- Support: support@pokutsoft.com
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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