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Home └Sales └Sales Tax: Part 1

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Sales Tax: Part 1

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This video discusses the basic essentials when it comes to Sales Taxes in the Odoo Sales application. It's the first of a two-part mini-series on Sales Tax. The second lesson deals directly with a sales tax in a common workflow. Introduction: 00:00 - 01:53 Sales Tax Settings: 01:54 - 02:45 Tax Computation Types: 02:46 - 07:05 Conclusion / Segue into Sales Tax: Part 2: 07:06 - 07:29

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1. What is Odoo’s tax localization package based on?
The country that the individual user is currently in. The database administrator’s home country. The country that is selected as the company’s country when you first create an Odoo database. There is no such thing as tax localization with Odoo.
2. How is the “Percentage of Price” tax computed?
By multiplying a percentage amount by the sales price of the product. By multiplying a percentage amount by the total price of the product including tax. By multiplying a percentage amount by a fixed price of the average product. By multiplying the cost of a product from a vendor by the amount of days it stays in the warehouse.
3. If the ‘Python Code’ tax computation option isn’t available, what must be done?
You must be granted “Developer Rights” by the administrator of the database The ‘Define Taxes as Python Code’ module must be installed from the ‘Apps’ application You must change your login password to "Python_Coder" ‘Python Code’ is only accessible on LINUX operating systems
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