| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Contacts (contacts)
• Invoicing (account) • Discuss (mail) |
| Lines of code | 1682 |
| Technical Name |
us_w_8_foreign_vendor_withholding_tracker |
| License | OPL-1 |
| Website | https://pokutsoft.com |
| Versions | 18.0 19.0 |
US W-8 / Foreign-Vendor
Capture foreign-vendor W-8 forms, apply 30%/treaty NRA withholding and build a 1042-S data worksheet
Capture foreign-vendor W-8 forms, apply 30%/treaty NRA withholding and build a 1042-S data worksheet
Key Features
W-8 record with all four form types (W-8BEN
W-8 record with all four form types (W-8BEN / W-8BEN-E / W-8ECI / W-8EXP), beneficial-owner identity, foreign address, foreign + US TIN, GIIN (with format validation), chapter 3 status and chapter 4 (FATCA) status.
3-year validity engine
a W-8 is valid through 31 December of the third succeeding calendar year after it is signed; expiry is computed and a daily cron flags expired forms and raises refresh activities.
NRA withholding-rate engine
30% statutory default, reduced by an income-tax treaty rate looked up by (country, income type) from an editable treaty table; W-8ECI (effectively connected) and W-8EXP (exempt) resolve to 0%; an expired or non-validated W-8 reverts to the
Editable tax-treaty rate table seeded with common country
Editable tax-treaty rate table seeded with common country / income-type rates (interest, dividends, royalties, services, etc.).
Withholding ledger
log each reportable US-source payment with its 1042-S income code; the rate, tax withheld and net are computed automatically.
1042-S worksheet builder
aggregate the ledger by recipient + income code + chapter status over any date range, view it on screen and export to CSV.
Foreign-vendor flagging on the partner
W-8 status, current effective rate, and a pre-payment guard helper.
Request workflow (Requested -> Received -> Validated ->
Request workflow (Requested -> Received -> Validated -> Expired) with email template, chatter and scheduled activities.
Screenshots
Treaty Rates
W 8 Records
Treaty Rates
Withholding Ledger
Why Choose This Module
Why this module Foreign-vendor withholding is routinely ignored until an IRS audit. There is nothing native in Odoo to capture W-8 forms, decide whether the statutory 30% or a reduced treaty rate applies, track what was actually withheld, or assemble the 1042-S figures. This module does exactly that.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: 35+
- Author: Pokutsoft
- Dependencies: account, contacts
- Support: support@pokutsoft.com
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Contacts (contacts)
• Invoicing (account) • Discuss (mail) |
| Lines of code | 1682 |
| Technical Name |
us_w_8_foreign_vendor_withholding_tracker |
| License | OPL-1 |
| Website | https://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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