Jamaica Accounting Localization
Complete Chart of Accounts, Taxes & Statutory Configuration for Jamaican Companies
Everything a Jamaican Business Needs to Get Started
This module provides the complete accounting foundation for operating a company in Jamaica — chart of accounts, taxes, statutory registration fields, and all mandatory contribution rates pre-configured and ready to use.
Chart of Accounts
- Full Jamaican chart of accounts in JMD
- Structured for SME and corporate use
- Assets, liabilities, equity, income & expenses
- Ready to use out of the box
Tax Configuration
- General Consumption Tax (GCT) at 15%
- Withholding tax templates
- Zero-rated and exempt categories
- GCT-compliant invoice layouts
Taxpayer Registration Number (TRN)
- TRN field on companies and contacts
- Enforced uniqueness per company
- Displayed on invoices and reports
- Validated format (9 digits)
Statutory Rates
- NIS — National Insurance Scheme
- NHT — National Housing Trust
- Education Tax (employee & employer)
- HEART/NSTA levy
- PAYE thresholds and rates
- NIS income ceiling
14 Jamaican Parishes
- All parishes available as address states
- Kingston, St. Andrew, St. Catherine & more
- Used on company and partner addresses
Quick Configuration
- Dedicated Jamaica Localization Settings menu
- Dedicated Statutory Rates form
- Employer registration numbers (NIS, NHT, HEART)
- TAJ registration number
Statutory Bodies Covered
TAJ
Tax Administration Jamaica — TRN, PAYE, GCT
NIS
National Insurance Scheme — contribution rates & ceiling
NHT
National Housing Trust — employee & employer rates
HEART/NSTA
Human Employment & Resource Training levy
Part of the Jamaica Localization Suite
This module is the foundation. Install the companion modules for full payroll, public holidays, statutory reports, and device security.
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1244 |
| Technical Name |
l10n_jm |
| License | LGPL-3 |
| Website | https://www.mobile-lab.org |
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