Certified input tax transfer entries

2022-07-09 0 By

Certified input tax transfer-out entries: 1. Transfer-out: borrow: inventory goods/construction/raw materials/sales expenses, etc. Loan: taxes payable — VAT payable (input tax transfer-out) 2.At the end of the month: Borrow: taxes payable — VAT payable (input tax transferred out) D: Taxes payable — VAT payable (VAT not paid) 3.Input tax transfer out refers to the input tax that is not deductible according to the provisions of the tax law. However, when purchasing related goods and services, the input tax that has been certified as deductible needs to be transferred out, that is, the corresponding part of the input tax can not be deducted from VAT, but should be included in the cost.4. Because of abnormal losses or change USES, according to provisions of value-added tax system has been included in the input tax but not from output tax deduction: borrow: pending property caustic excessive/deal with worker pay credit: taxes payable VAT input tax (transfer) payable taxes to offset the input tax/to extend relevant knowledge input tax certification: 1.Accounting treatment for small-scale taxpayers: (1), when buying material: borrow: raw materials, etc. (including tax, value-added tax included in the cost) borrow: bank deposit, etc. (2), sales of goods (services) : borrow: bank deposit to borrow: advocate business wu income should hand in taxes – payable VAT (3), tax: borrow: should hand in taxes – payable VAT credit: bank deposit 2.Average taxpayer accounting treatment: (1), when purchasing goods: borrow: inventory goods, should hand in taxes – payable VAT (VAT on purchase) borrow: bank deposit, etc. (2), when the sales of goods: borrow: such as accounts receivable to borrow: advocate business wu income should hand in taxes – payable VAT (output tax), (3), not pay value-added tax payable occurs during the month: borrow:Should hand in taxes – payable VAT (turn out not to pay VAT) borrow: should hand in taxes – not pay value added tax (4), not to pay VAT in the month after due: borrow: should hand in taxes – not pay value added tax to borrow: bank deposit (5), the month pay value added tax: this month borrow: should hand in taxes – payable VAT (have to pay taxes) borrow: bank deposit