Debit: accounts receivable (or bank deposits, etc.). )
Loan: main business income (or other business income, etc. )
(2) At the end of the month, according to the "Tax Exemption and Refund Summary Declaration Form", the "Tax Exemption and Refund Amount" is calculated.
Debit: main business cost
Credit: Taxes payable-VAT payable (transfer-out input tax)
(3) At the end of the month, according to the "tax refund amount" calculated in the summary declaration form of tax exemption and refund, do the following accounting treatment:
Debit: other receivables-export tax rebate
Loan: Taxes payable-VAT payable (export tax rebate)
(4) At the end of the month, according to the "tax allowance" calculated in the "tax allowance summary declaration form", do the following accounting treatment:
Borrow: tax payable-value-added tax payable (export deducted from domestic tax payable)
Loan: Taxes payable-VAT payable (export tax rebate)
(5) When receiving the export tax rebate, do the following accounting treatment:
Debit: bank deposit
Loans: other receivables-export tax rebate. The above business is calculated from the export tax rebate system!
The following export tax rebate is calculated manually by formula:
1.) Non-deductible tax amount in the current period = FOB x foreign exchange quotation x (VAT rate-export tax rebate rate)-no tax can be deducted or deducted.
2.) Taxable amount in the current period (A)= output tax of domestic goods in the current period-(input tax in the current period-tax that cannot be exempted in the current period)-balance in the previous period.
A.A>0 pays VAT in the current period; B. A<0 meets the current tax refund conditions.
3.) Current tax exemption amount (B)= FOB x foreign exchange price x export tax rebate rate.
4.) Determine the tax rebate if (-a) "= b, and the tax rebate = (-a); If (-A) =B, the tax refund amount =B.
5.)(-A)-B= Not much to say about the calculation formulas of "income tax" and "urban construction and education surcharge" for final tax deduction!