You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
Copy file name to clipboardExpand all lines: content/applications/finance/fiscal_localizations/philippines.rst
+54-50Lines changed: 54 additions & 50 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -5,112 +5,116 @@ Philippines
5
5
Introduction
6
6
============
7
7
8
-
**l10n_ph** module adds accounting localization features for the Philippines such as Chart of Accounts, Taxes,
9
-
and the BIR 2307 report.
10
-
These provide a base template to get started with using Philippine accounting.
8
+
The **l10n_ph** module adds :doc:`accounting localization <../fiscal_localizations>` features for
9
+
the Philippines such as a chart of accounts, taxes, and the BIR 2307 report. These provide a base
10
+
template to get started with using Philippine accounting.
11
11
12
12
Configuration
13
13
=============
14
14
15
15
Module installation
16
16
-------------------
17
17
18
-
:ref:`Install <general/install>` the following module to get all the features of the Philippine
18
+
:ref:`Install <general/install>` the **l10n_ph** module to get all the features of the Philippine
19
19
localization:
20
20
21
21
.. image:: philippines/philippines-module.png
22
-
:align:center
23
-
:alt:Philippines fiscal localisation module
22
+
:alt:Philippines fiscal localisation module.
24
23
25
24
.. note::
26
-
- When creating a new database and `Philippines` is selected as a country, the fiscal localization module :guilabel:`Philippines - Accounting` is automatically installed.
27
-
- If installing the module in a existing database, the Chart of Accounts and Taxes will *not* be replaced if there is changes.
28
-
- The BIR 2307 report will be installed but the witholding taxes may need to be manually created.
25
+
- When creating a new database and `Philippines` is selected as a country, the fiscal
26
+
localization module :guilabel:`Philippines - Accounting` is automatically installed.
27
+
- If installing the module in an existing company, the Chart of Accounts and Taxes will *not* be
28
+
replaced if there are already posted journal entries.
29
+
- The BIR 2307 report will be installed but the withholding taxes may need to be manually
30
+
created.
29
31
30
32
Chart of accounts & taxes
31
33
-------------------------
32
-
A minimum configuration default chart of accounts is installed and following types of taxes is installed and also linked to the relevant account:
33
34
34
-
- VAT 12%.
35
-
- VAT Exempt.
36
-
- Withholding taxes.
35
+
A minimum configuration default chart of accounts is installed and the following types of taxes are
36
+
installed and also linked to the relevant account:
37
37
38
-
For the Witholding taxes, there is an additional field under :menuselection:`Philippines --> Philippines ATC`:
38
+
- VAT 12%
39
+
- VAT Exempt
40
+
- Withholding taxes
41
+
42
+
For the withholding taxes, there is an additional :guilabel:`Philippines ATC` field under the
43
+
:guilabel:`Philippines` tab.
39
44
40
45
.. image:: philippines/philippines-atc-code.png
41
-
:align:center
42
46
:alt:Philippines ATC code field set on taxes.
43
47
44
-
This is the ATC code for that tax when it is exported in the BIR 2307 file.
45
-
This will need to be filled in manually if the taxes are manually created.
48
+
This is the ATC code for that tax when it is exported in the BIR 2307 file and will need to be
49
+
filled in manually if the taxes are manually created.
46
50
47
51
Contacts
48
52
--------
49
-
In the :guilabel:`Contacts`, if it is set as a :guilabel:`Company` and the :guilabel:`Country` is `Philippines`,
50
-
fill in the :guilabel:`Tax ID` field with the `Taxpayer Identification Number (TIN)`:
53
+
54
+
If a contact record is set as a :guilabel:`Company` and the :guilabel:`Country` is `Philippines`,
55
+
fill in the :guilabel:`Tax ID` field with the `Taxpayer Identification Number (TIN)`.
In the :guilabel:`Contacts`, if it is set as a :guilabel:`Individual`, the :guilabel:`Country` is `Philippines` and it does not belong to any company, fill in the :guilabel:`Tax ID` field with the `Taxpayer Identification Number (TIN)`.
57
-
There is additional fields for:
60
+
If a contact record is set as a :guilabel:`Individual`, the :guilabel:`Country` is `Philippines` and
61
+
it does not belong to any company, fill in the :guilabel:`Tax ID` field with the `Taxpayer
0 commit comments