Odoo 10 Implementation Cookbook: Explore the capabilities of Odoo and discover all you need to implement it

Group of taxes

There is more than one tax which may be applicable on some of the products; as soon as you select a product on the invoice, a single tax is applied, but internally it computes more than one tax to maintain the different tax accounts.

Let's create a new tax, VAT 15%, that will be a combination of VAT 12.5% and Add. VAT 2.5%. Create two separate taxes: VAT 12.5% and Add. VAT 2.5%, as follows:

Create Add. VAT 2.5% the same as VAT 12.5%. As soon as you are ready with the two separate taxes, create a group of taxes using VAT and Add. VAT, which is VAT 15%. Create a new tax, select Group of Taxes in Tax Computation, and add the two different taxes, as shown in the following screenshot:

The group of taxes helps us to apply the multiple taxes under the same name, sometimes it also known as a composite tax. You can see that when I created a composite taxes VAT (12.5%+2.5%) 15%, when we apply VAT (12.5%+2.5%) 15%, it will compute two different taxes 12.5% and 2.5% separately on the invoice.
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