How to Configure Cash Basis in Odoo 16 Accounting | Odoo 16 Enterprise Edition

[@colinlowe8811]

Not sure if you noticed. but reconciling by manual operation is defaulting to temporary tax account and not on the paid/collected account. before it used to just go straight to the paid/collected account. so we are supposed to change it from the temporary tax account to the paid/collected account manually?

[@cybrosys-technologies]

no need to do it manually. In the configuration setting, the account for which the cash basis tax need to record can be specified as the 'Base Tax Received Account'. The tax amount will be recorded in the temporary account when the invoice is posted. once the payment has been done the tax amount will be posted from the temporary account to the account mentioned as 'Base Tax received Account'.