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Changes in VAT and ICP reporting

From Odoo 17, a change has been implemented in the VAT reporting and calculation, which reduces the chances of errors within the accounting and ICP declaration.
March 10, 2025 by
Changes in VAT and ICP reporting
Open2bizz B.V., Sandra Spijkerman

IIn previous versions, labels and type of product service were displayed in the reports related to VAT. When you, as a business, also export within the EU, you must also submit an ICP declaration. In this declaration, you must indicate whether it concerns goods or services. As mentioned, this was previously (Dutch Localization) taken from the product/service. From Odoo 17, you must apply the breakdown via the VAT code, so it is important that you provide your products with the correct VAT code.


Since it involves a manual adjustment (you can only apply 1 standard sales VAT code in the settings), we at Open2bizz have created a module that automatically applies this for Dutch companies.


In the settings, you can now also make the distinction for Goods and services:



This adjustment also ensures that when you create a new product, the VAT is adjusted to these settings when indicating the type of product (Product or Service). 

All in all, this leads to fewer chances of errors within the accounting and ICP declaration.


 

Interested in this module? Feel free to contact us!