| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1268 |
| Technical Name |
us_schedule_c_small_business_tax_mapping |
| 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 | 1268 |
| Technical Name |
us_schedule_c_small_business_tax_mapping |
| License | OPL-1 |
| Website | https://pokutsoft.com |
| Versions | 18.0 19.0 |
US Schedule C Mapping
Map ledger accounts to IRS Schedule C (Form 1040) line items and build the Schedule-C profit-or-loss summary worksheet for a sole proprietorship.
Map ledger accounts to IRS Schedule C (Form 1040) line items and build the Schedule-C profit-or-loss summary worksheet for a sole proprietorship.
Key Features
Schedule C (Form 1040), Profit or Loss From Business
The numbers on that form come straight out of the business's books — but the chart of accounts almost never lines up one-to-one with the Schedule C line items. Every year the owner (or their accountant) has to decide which ledger accounts r
Schedule C line catalog — the full set
Schedule C line catalog — the full set of Form 1040 Schedule C lines is seeded as data: Part I income (gross receipts line 1, returns and allowances line 2, cost of goods sold line 4, other income line 6), Part II expenses (lines 8 through
Account mapping — assign each ledger account to a Schedule C
A one-click auto-map seeds a sensible starting point from each account's type (revenue accounts to gross receipts, direct-cost accounts to cost of goods sold, depreciation accounts to line 13, other expense accounts to line 27a), which you
Schedule C worksheet — pick a tax year and press Build Works
The module reads posted journal-item balances for that year, groups them by the Schedule C line each account is mapped to, and computes the form subtotals that have to tie: net receipts (line 3), gross profit (line 5), gross income (line 7)
Unmapped-account detection — any income or expense account
Unmapped-account detection — any income or expense account that has activity in the year but is not yet mapped to a Schedule C line is listed so nothing silently drops off the form.
CSV export — download the worksheet (line by
CSV export — download the worksheet (line by line, with the totals row) for your workpapers or to transcribe onto the form.
Screenshots
Schedule C Lines
Account Mappings
Why Choose This Module
This is a working-paper and account-mapping tool. Nothing is transmitted to the IRS; no e-file credential, registration or certification is required. It complements your accounting and helps you prepare an accurate Schedule C.
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.
Please log in to comment on this module