diff --git a/content/applications/finance/fiscal_localizations.rst b/content/applications/finance/fiscal_localizations.rst index b62ef8ec4cb..9f74d4aa933 100644 --- a/content/applications/finance/fiscal_localizations.rst +++ b/content/applications/finance/fiscal_localizations.rst @@ -145,6 +145,7 @@ Fiscal localization modules are available for the countries listed below. - :doc:`United Kingdom ` - :doc:`United States of America ` - :doc:`Uruguay ` +- :doc:`Uzbekistan ` - Venezuela - :doc:`Vietnam ` - Zambia @@ -193,4 +194,5 @@ Fiscal localization modules are available for the countries listed below. fiscal_localizations/united_kingdom fiscal_localizations/united_states fiscal_localizations/uruguay + fiscal_localizations/uzbekistan fiscal_localizations/vietnam diff --git a/content/applications/finance/fiscal_localizations/uzbekistan.rst b/content/applications/finance/fiscal_localizations/uzbekistan.rst new file mode 100644 index 00000000000..53e77556216 --- /dev/null +++ b/content/applications/finance/fiscal_localizations/uzbekistan.rst @@ -0,0 +1,118 @@ +========== +Uzbekistan +========== + +.. |IFRS| replace:: :abbr:`IFRS (international financial reporting standards)` + +.. _localizations/uz/modules: + +Modules +======= + +The following modules are installed automatically with the Uzbek localization: + +.. list-table:: + :header-rows: 1 + :widths: 25 25 50 + + * - Name + - Technical name + - Description + * - Uzbekistan - Accounting + - l10n_uz + - Default fiscal localization package for Uzbekistan. Includes the chart of accounts and core + accounting configuration aligned with local requirements. + * - Uzbekistan - Accounting Reports + - l10n_uz_reports + - Provides localized financial reports, including the balance sheet and profit and loss + statement based on |IFRS|-style structure. + +.. _localizations/uz/overview: + +Localization overview +===================== + +The Uzbekistan localization assists companies in meeting local accounting requirements by providing +a structured and compliant accounting setup. It contains the following core components: + +- :ref:`Taxes `: preconfigured tax rates, including standard 12% VAT, + zero-rated export, and exempt options +- :ref:`Chart of accounts `: preconfigured structure aligned with Uzbek + standards +- :ref:`Financial reports ` (|IFRS|-style): |IFRS|-style balance sheet and + profit and loss reports with tag-based structure linking accounts to report lines + +.. _localizations/uz/taxes: + +Taxes +----- + +The Uzbek localization includes preconfigured sales and purchase taxes: + +- **Standard VAT (12%):** This standard VAT is applied to most goods and services. The supplier + charges 12% VAT on the sale (VAT output) and is generally entitled to deduct the VAT + paid on business purchases (VAT input). + + .. example:: + Most commercial sales and general supply of goods and services within Uzbekistan use the + **Standard VAT (12%)** tax. + +- **Export VAT (0%):** The export tax is applied on taxable supplies where the VAT rate applied is + 0%. The supplier does not charge VAT on the sale. + + .. example:: + Exports of goods and services to customers outside Uzbekistan use the **Export VAT (0%)** tax. + +- **Exempt transactions (0%):** The exempt tax applies to transactions that fall outside the scope + of VAT and are not subject to tax. + + .. example:: + Transactions that are legally exempt from VAT under local regulations such as essential food + products (meat, fish, potatoes, rice), pharmaceuticals, and financial/insurance services use + the **Exempt transactions (0%)** tax. + +.. _localizations/uz/coa: + +Chart of accounts +----------------- + +The Uzbek :doc:`chart of accounts <../accounting/get_started/chart_of_accounts>` is preconfigured +according to Uzbek accounting standards and requirements. When :ref:`creating new accounts +`, it is important to use :ref:`account tags `. + +.. _localizations/uz/tags: + +Account tags +~~~~~~~~~~~~ + +The Uzbek localization uses account tags to determine where accounts appear in :ref:`financial +reports `. Each tag links the account to a specific report line. + +.. example:: + Accounts that use the tag :guilabel:`BS Line 0120: Right-of-Use Assets` appear on the balance + sheet on the :guilabel:`[0120] - Right-of-Use Assets` line. + +.. important:: + If no tag is assigned: + + - The account behaves as an off-balance sheet account. + - The account is not included in financial reports. + +.. _localizations/uz/financial-reports: + +Financial reports +----------------- + +The following reports have been tailored to meet the needs of businesses using the Uzbek +localization: + +- Balance sheet +- Profit and loss statement + +These reports follow an |IFRS|-style structure, as per the Uzbek reporting requirements. They are +built using a :ref:`tag `-based mapping system: + +- Each account is assigned a tag. +- Tags correspond to specific lines in the reports. +- Report values are calculated for each line by aggregating the journal items of the accounts with + the line's corresponding account tag.