[IMP] accounting: tax return

Author: chiaraprattico

content/applications/finance/accounting/reporting/declarations/tax_returns.rst

@@ -2,34 +2,33 @@
 Tax return (VAT declaration)
 ============================
 
-Companies that are registered for **VAT (Value Added Tax)** must file a **Tax return** on a monthly
-or quarterly basis, depending on their turnover and the regulation of the country in which they are
-registered. A Tax return - or VAT return - gives the tax authorities information about the taxable
-transactions made by the company, the *output tax* it has charged its customers, and the *input tax*
-its vendors have charged it. Based on these values, the company can calculate the tax amount they
-have to pay or be refunded.
+Companies that are registered for :abbr:`VAT (Value Added Tax)` must submit a **tax return** on a
+monthly or quarterly basis, depending on their turnover and the regulation of the country in which
+they are registered. A tax return - or VAT return - gives the tax authorities information about the
+taxable transactions made by the company. The **output tax**  is charged on the number of goods and
+services sold by a business, while the **input tax** is the tax added to the price when goods or
+services are purchased. Based on these values, the company can calculate the tax
+amount they have to pay or be refunded.
 
 .. note::
-   You can find information about VAT and its mechanism on `this page from the European Commission
-   <https://ec.europa.eu/taxation_customs/business/vat/what-is-vat_en>`_.
-
-.. todo:: add doc about intracom listing
+   You can find additional information about VAT and its mechanism on this page from the
+   European Commission `What is VAT? <https://ec.europa.eu/taxation_customs/business/vat/what-is-vat_en>`_.
 
 Prerequisites
 =============
 
 Tax Return Periodicity
 ----------------------
 
-The configuration of the **Tax Return Periodicity** allows Odoo Accounting to compute your Tax
-Return correctly and also to send you a reminder to never miss a tax return deadline.
+The configuration of the :guilabel:`Tax Return Periodicity` allows Odoo to compute your tax return
+correctly and send you tax return deadline reminders.
 
-To do so, go to :menuselection:`Accounting --> Configuration --> Settings --> Fiscal Periods`,
-and go to the **Tax Return Periodicity** section.
+To do so, go to :menuselection:`Accounting --> Configuration --> Settings`. Under the
+:guilabel:`Tax Return Periodicity` section, you can set:
 
-- **Periodicity**: define here whether you file your tax return each month or every three months.
-- **Reminder**: define when Odoo should remind you to file your tax return.
-- **Journal**: select the journal in which to record the tax return.
+- :guilabel:`Periodicity`: define here whether you submit your tax return on a monthly or quarterly basis:
+- :guilabel:`Reminder`: define when Odoo should remind you to file your tax return.
+- :guilabel:`Journal`: select the journal in which to record the tax return.
 
 .. image:: tax_returns/tax_return_periodicity.png
    :align: center
@@ -42,9 +41,9 @@ and go to the **Tax Return Periodicity** section.
 Tax Grids
 ---------
 
-Odoo generates Tax Reports based on the **Tax Grids** settings that are configured on your taxes.
-Therefore, it is crucial to make sure that all the recorded transactions use the right taxes. You
-can see on each Journal Item which Tax Grid is used for that transaction.
+Odoo generates tax reports based on the :guilabel:`Tax Grids` settings that are configured on your
+taxes. Therefore, it is crucial to make sure that all recorded transactions use the right taxes.
+You can see on each :guilabel:`Journal Item` which :guilabel:`Tax Grid` is used for that transaction.
 
 .. image:: tax_returns/tax_return_grids.png
    :align: center
@@ -59,10 +58,10 @@ grids that are used to record invoices or credit notes.
    :alt: Configure taxes and their tax grids in Odoo Accounting
 
 .. note::
-   Taxes and reports are usually already pre-configured: a *Fiscal Localization Package* is
-   installed according to the country you select at the creation of your database. :doc:`Click here
-   <../../fiscal_localizations/overview/fiscal_localization_packages>` for more information about
-   Fiscal Localization Packages.
+   Taxes and reports are usually already pre-configured in Odoo: a **Fiscal Localization Package**
+   is installed according to the country you select at the creation of your database.
+  :doc:`Click here <../../fiscal_localizations/overview/fiscal_localization_packages>` for more
+  information about Fiscal Localization Packages.
 
 .. _tax_return_lock:
 
@@ -72,15 +71,16 @@ Close a tax period
 Tax Lock Date
 -------------
 
-Any new transaction which accounting date is prior to the **Tax Lock Date** has its tax values moved
-to the next open tax period. This is useful to make sure that no change can be made to a report once
-its period is closed.
+Any new transaction whose accounting date is less recent than the :guilabel:`Tax Lock Date` has its
+tax values moved to the next open tax period. This is useful to make sure that no change can be made
+to a report once its period is closed.
 
-Therefore, we recommend locking your tax date before working on your *Closing Journal Entry*. This
-way, other users can't modify or add transactions that would have an impact on the Closing Journal
-Entry, which helps you avoid some tax declaration errors.
+Therefore, we recommend locking your tax date before working on your
+:guilabel:`Closing Journal Entry`, which can help you avoid , other users cannot modify or add
+transactions that would have an impact on the :guilabel:`Closing Journal Entry`, which can help you
+avoid some tax declaration errors.
 
-To check the current **Tax Lock Date**, or to edit it, go to :menuselection:`Accounting -->
+To check the current :guilabel:`Tax Lock Date`, or to edit it, go to :menuselection:`Accounting -->
 Accounting --> Lock Dates`.
 
 .. image:: tax_returns/tax_return_lock.png
@@ -91,18 +91,14 @@ Tax Report
 ----------
 
 Once all the transactions involving taxes have been posted for the period you want to report, open
-your **Tax Report**.
+your :guilabel:`Tax Report`.
 
 To do so, go to :menuselection:`Accounting --> Reporting --> Tax Report`. You can also click
-on *TAX Report* from your *Accounting Overview*.
+on :guilabel:`Tax Report` from your Accounting Dashboard.
 
 Make sure to select the right period you want to declare by using the date filter. You can see an
 overview of your tax report. Then, click on the button *Closing Journal Entry*.
 
-.. image:: tax_returns/tax_return_closing.png
-   :align: center
-   :alt: Select the period for the tax return and create a closing journal entry in Odoo Accounting
-
 After having reviewed the generated Journal Entry, click on *Post*. In addition to posting the entry,
 Odoo automatically creates a PDF file with the **Tax Report** that you can download from the chatter
 and preview on the right column. It includes all the values to report to the tax authorities, along
@@ -122,4 +118,4 @@ with the amount you have to pay or be refunded.
 .. seealso::
    * :doc:`../../taxation/taxes/taxes`
    * :doc:`../../getting_started/initial_configuration/setup`
-   * :doc:`../../fiscal_localizations/overview/fiscal_localization_packages`
+   * :doc:`../../fiscal_localizations/overview/fiscal_localization_packages`