Odoo 15 Fiscal Localization - US | Odoo 15 Functional Videos
1Odoo is entitled as a complete package of ERP solutions that constantly switches to a newer version every year with more updated features. The Odoo platform can be configured with features to benefit country-specific users because Odoo has clients all around the globe with different locations and different requirements.
Odoo provides different fiscal localization packages, which define the necessary configuration of taxes, fiscal positions, chart of accounts, and configuration of specific certificates for the accounting module, which are all required to make the ERP usable for the specific country. Typically, the first step in creating a localization is to set up the country's chart of Accounts with the associated dependencies like Account types and taxes.
US localization in Odoo package can be installed at the database creation, which automatically installs the localization based on the country mentioned or the user can install the required packages from Apps. Unites States localization mainly includes five modules:
1. United States - Accounting (l10n_us)
2. 1099 Reporting (l10n_us_1099)
3. US Checks Layout (l10n_us_check_printing)
4. NACHA Payments (l10n_us_payment_nacha)
5. US - Accounting Reports
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