How to deal with VAT accounting

Enterprises should distinguish between unpaid value-added tax payable in the past month and the month VAT to different accounting treatment. Pay the VAT refund received, to do the opposite accounting entries.

1, turned over the accounting treatment of VAT

1, the end of the month, the company shall be payable month unpaid value-added tax from the "Tax payable - VAT payable" Details subject onto a "not pay VAT" Detailed Account, Debit "payable - VAT (transfer export sales) "and credit" payable - not pay value added tax "subject.

2, the end of the month, enterprises should pay value-added tax will be the month of "tax payable - VAT" subject into details, "did not pay VAT," Detailed Account, debit "payable - not pay VAT "and credit the" tax payable - VAT (Out overpaid VAT) "Subject.

3 month paid corporate tax to be paid that month, the debit "tax payable - VAT (Taxes paid)" and credit "of bank deposits."

4, the month turned over last month, VAT, debit "payable - not pay value added tax" shall be credited to "bank" subject.

[Example One] to a company in June handed over in May did not pay value added tax 32,000 yuan; the end of the month VAT 54,000 yuan turned over, there are 3,000 VAT not paid. Make accounting entries are as follows:

(1) handed over last month when the unpaid VAT:

By: Tax payable - 32,000 of unpaid VAT

Loans: bank deposits 32,000

(2) when turned over the month VAT

By: Tax payable - VAT (Taxes paid) 54,000

Loans: bank deposits 54,000

(3) will not pay VAT payable the month when the transfer

By: Tax payable - VAT (Out of unpaid VAT) 3000

Loan: Tax payable - 3,000 of unpaid VAT

Second, the accounting treatment of capital gains tax relief

Company actually received to be used back and front-end after the first return of the VAT tax, the debit "bank" and credit the "subsidy income" subject. Direct relief for VAT, the enterprise should debit "payable - VAT (tax relief)" and credit the "subsidy income" subject. "Subsidy income" Subject is a profit and loss account type, the end of current profit and loss carried forward, the debit "subsidy income" shall be credited to "profit this year," subject.

[Cases 2], after a company tax return by the first method of VAT, the VAT return period received 26,000 yuan. Accounting entries are as follows:

1, receipt of VAT refund when:

By: bank deposits 26,000

Credit: Subsidy income 26,000

2, carry-income subsidies:

By: Subsidy income 26,000

Credit: profit for the year 26000.







Recommended links:



Happiness DVD To MPEG4 MPG



Flv Mp4



Science - Screen Savers Directory



Flac to mp3 converter



Media Relations Public Relations Manager, how to protect journalists



Professional DVD to FLV



Vertical Market Apps Shop



what is mkv file



Movkit DVD to IPOD Ripper



How The Statistics Of The Time Difference Between The Two Time Points



LasVegas DVD To MOV



Accounting AND Finance brief



PS3 rmvb



Screen Savers Report



Pazera Free MOV To AVI Converter



YPlay