Run separate book and tax depreciation in Odoo with a book-to-tax reconciliation report.
Dual Book & Tax Depreciation with Reconciliation lets you track book and tax depreciation separately in Odoo without disturbing your posted accounts. A parallel, statistical, non-posting tax depreciation board runs alongside your standard book values, so you always know both figures and the difference between them.
What it does
The module maintains a second, statistical depreciation schedule for tax purposes that does not post journal entries, keeping your financial ledgers clean. A book-to-tax reconciliation report shows the differences clearly, and a draft deferred-tax wizard helps you quantify the resulting deferred tax. The logic is generic and country-neutral, so it adapts to many tax regimes.
Key features
- Parallel statistical, non-posting tax depreciation board
- Book-to-tax reconciliation report showing the differences
- Draft deferred-tax calculation wizard
- Generic, country-neutral design
Who it's for
Accountants and finance teams that must report depreciation on two bases, book and tax, and need a clean, auditable way to reconcile them inside Odoo.
Frequently asked questions
How do I run separate book and tax depreciation in Odoo?
Dual Book & Tax Depreciation maintains a statistical, non-posting tax depreciation board alongside the standard book board.
Can Odoo produce a book-to-tax depreciation reconciliation?
Yes. It generates a book-to-tax reconciliation report plus a draft deferred-tax wizard.
Is it specific to one country's tax rules?
No, it is generic and country-neutral, so it fits most jurisdictions.
Does the tax depreciation board post journal entries in Odoo?
No. The tax depreciation board is statistical and non-posting, so it never touches your general ledger. Your posted book accounts stay clean while you still track the parallel tax figures.
How does the deferred tax wizard work?
The draft deferred-tax wizard uses the difference between your book and tax depreciation to quantify the resulting deferred tax. It produces a draft you can review before anything is recorded, so nothing is posted automatically.
Does this module work with Odoo Enterprise asset management?
Yes. It builds on the standard asset framework and adds the parallel tax board and reconciliation report alongside your existing book depreciation, without changing how your book assets are posted.
Want this in your Odoo?
See the full feature list and screenshots, or talk to our certified Odoo team about setup and customization.
