Nigeria FIRS Tax
Nigeria FIRS tax reporting for Odoo: monthly VAT return (7.5%) and Withholding Tax (WHT) credit notes and schedule
Monthly VAT returns and Withholding Tax — credit notes and FIRS schedules — straight from your books.
Key Features
Ready-to-use NG VAT 7.5%
Installs output (sales) and input (purchases) VAT taxes at 7.5%, pre-tagged for the FIRS VAT return, with a Nigeria domestic fiscal position and a WHT payable account and journal.
Monthly VAT Return
Output VAT minus creditable input VAT, computed from your tagged taxes into a net that is payable, carried-forward credit or nil, with the 21st-of-next-month due date.
WHT by 2024 Regulations
Computes withholding tax on vendor bills by nature of payment under the Deduction of Tax at Source (Withholding) Regulations 2024: goods / general services / infrastructure 2%, contracts / consultancy / commission 5%, rent / dividend / interest 10%, royalty 10% (5% for individuals), directors’ fees 15% — with the no-TIN rate doubling.
WHT Credit Notes & Journal Entry
Issue the credit note to the beneficiary with a serial number, a posted accounting entry (debit payable, credit WHT payable), an FIRS schedule CSV line and a printable PDF certificate.
Monthly WHT Return
Gathers the issued credit notes for the period, totals the WHT and exports the FIRS schedule as a downloadable CSV.
TIN Validation
Validates the 10-digit FIRS/JTB Taxpayer Identification Number (with optional branch suffix) on partners and on the company.
Screenshots
New Firs Return
Vat Returns
Wht Credit Notes
Wht Returns
WHT Credit Note Certificate (PDF)
Why Choose This Module
Ships the NG VAT 7.5% taxes ready to use and computes the monthly VAT return — output VAT minus creditable input VAT, for a net that is payable, carried-forward credit, or nil — from your tagged taxes, with the 21st-of-next-month due date. On vendor bills it calculates Withholding Tax by nature of payment under the 2024 Regulations, issues the WHT credit note to the beneficiary with a serial number, a posted journal entry, an FIRS schedule line and a PDF certificate, and rolls the credit notes into the monthly WHT return with a downloadable schedule.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: account, base, mail
- Support: support@pokutsoft.com
Update date: 2026-07-10