Odoo 14 Fiscal Localization Germany | Odoo Accounting Localization | German Accounting

Channel:

Cybrosys Technologies

Subscribers:

28,000

Published on March 8, 2021 4:30:03 PM ● Video Link: https://www.youtube.com/watch?v=espN7krOatY

Game:

Accounting (2016)

Duration: 9:51

308 views

2

Localization is more than just translating. This enables the companies to use country-specific elements like currency, taxes, chart of accounts, etc to keep the business process flexible. The new localization package also enables clients to optimize ERP priority for companies in Germany and to comply entirely with relevant tax and banking laws and policies.

Install the german localization package from the odoo apps.
The modules involved in the German Accounting package are:
1. Germany - Accounting (l10n_de): This module contains a German chart of accounts based on the SKR03.
2. Germany - Accounting Reports (l10n_de_reports): Accounting reports for Germany Contains Balance sheet, Profit and Loss, VAT, and Partner VAT reports, also add DATEV export options to the general ledger
3. Germany SKR03 - Accounting (l10n_de_skr03): This module contains a German chart of accounts based on the SKR03
4. Germany SKR04 - Accounting (l10n_de_skr04): This module contains a German chart of accounts based on the SKR04

German localization provides two charts of accounts SKR03 and SKR04. Both are supported by Odoo. By default, the chart of account SKR03 is taken into account. So, one has to confirm which chart of the account package needs to be used for the company and choose it from accounting configuration settings before making any accounting entry.

Video Contents:
00:00 Introduction
00:17 Installing Germany Localization Package
00:47 What are the Modules Available for Germany Localization
07:00 Char of Accounts

Read Blog: https://www.cybrosys.com/blog/odoo-14-fiscal-localization-germany

#odoo #odoolocalization #accountinggermany #odoo14localization #odoolocalizationgermany

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