Thailand Tax Invoice, Withholding Tax / Certificate, Tax Reports
Additional tax functionality to comply with Thailand Tax regulation.
Tax Point determine when tax is recorded in general ledger. And on tax point, with Sales Tax Invoice or Purchase Tax Invoice will be created.
Trading of stockable product, tax point occur when deliver product and invoice is issued. The selling party will issue out document called "Delivery Note / Tax Invoice". And so Tax Invoice doctype got created when submit sales/purchase invoice.
For service, tax point occur when service is done and payment is made. When submit sales/purchase invoice, account ledger will record Undue Tax. Until when the seller get paid, it will then create Tax Invoice doctype on payment submission, in which account ledger will clear Undue Tax into Tax. The document issued from seller is called "Receipt / Tax Invoice"
When a company purchase service from a supplier, when making payment, it is responsible to withhold (deduct) a tax amount (i.e., 3%) of invoice amount and issue out the Withholding Tax Certificate (pdf) to supplier.
$ cd frappe-bench $ bench get-app https://github.com/kittiu/thai_tax $ bench install-app thai_tax
Whenever Tax is recorded (with Tax Invoice and Tax Date), Sales/Purchase Tax Invoice will be created.
During payment, user will manually choose to deduct with one of these Withholding Tax Type, and then click button Create Withholding Tax cert with the deducted amount plus some additional deduction information.
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