Location Canary Islands Model 420

Paquete de localización para Canarias
9 April 2023 by
Location Canary Islands Model 420
Binhex Systems Solutions S.L., Jorge Rubén Elena Poblet
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In the field of business management, having efficient tools tailored to the specific needs of each region is crucial. In the case of companies located in the Canary Islands, the Government has implemented Model 420, a fiscal regulation designed to simplify and streamline billing and tax declaration processes. To further facilitate this management, we have developed a specific solution within the Odoo business management system. Odoo.

In this article, we will explore what the Canary Islands Government's Model 420 entails and how our Odoo development can help you efficiently meet its requirements.


What does the Canary Islands Government's Model 420 entail?

  • The Model 420 is a declaration.

It's an informative return that companies conducting transactions subject to the Canary Islands Indirect General Tax (IGIC) must file. This model aims to gather relevant information about operations carried out during the fiscal year, allowing the Government to monitor and verify compliance with tax obligations.

  • The Model 420 includes

Data on operations such as imports, exports, intra-community acquisitions, and internal transactions subject to IGIC. The filing of this return is mandatory for all Canary Island companies conducting these operations, regardless of their size or sector of activity.



Development for Odoo


To facilitate the submission of the Model 420 to the Government of the Canary Islands, we have developed a specific solution in Odoo that automates much of the process.

Nuestro desarrollo para Odoo permite a las empresas canarias generar y presentar el Modelo 420 de manera rápida y sencilla. Algunas de las funcionalidades clave de esta solución son:

1. Automatic data generation: The solution automatically gathers the necessary data from IGIC-subject operations conducted in Odoo, eliminating the need for a manual and error-prone process.

2. Precise tax calculation: The development performs the necessary calculations to determine the taxes to be declared in Model 420, ensuring the accuracy of the data presented.

3. Report generation: Detailed and accurate reports are generated containing all the information required for Model 420, facilitating review before submission.

Benefits of using our Odoo development


By implementing our solution for Model 420 in Odoo, Canary Island companies can enjoy the following benefits:

1.Time and resource savings: The automation of the Model 420 generation and submission process significantly reduces the time and resources required to fulfill this tax obligation.

2. Precision and regulatory compliance: By automating calculations and generation


Implement this addon in your Odoo ERP.

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Location Canary Islands Model 420
Binhex Systems Solutions S.L., Jorge Rubén Elena Poblet 9 April 2023
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