Debit: accounts receivable (or bank deposits)

Loan: main business income-export sales income

Main business income-domestic sales income (or other business income-processing income)

Taxes payable-VAT payable

Borrow: Taxes payable-VAT payable

Loans: bank deposits

Accounting for foreign trade import and export enterprises:

1. foreign trade enterprises realize the determination of the sales time of export goods. The time to realize the sale of export goods, regardless of the mode of transportation (sea, land, air and mail), is the time to realize the export sales income after obtaining the waybill and handing it over to the bank.

2. The accounting of export tax rebate (value-added tax) of foreign trade enterprises must set up a separate account to account for the purchase amount and the input amount respectively. If the purchased goods cannot be determined to be used for export or domestic sales at that time, they will all be recorded in the export inventory account, and will be transferred from the export inventory account to the domestic inventory account during domestic sales.

(1) Loans for purchasing export commodities: taxes payable for export commodities in inventory-value-added tax payable (input tax) Loans: bank deposits (accounts payable).

(2) After the goods are exported, according to the difference between tax rate and tax refund rate, calculate the difference between tax collection and tax refund and the amount of export tax refund receivable: self-operated export sales cost (the difference between tax collection and tax refund) and export tax refund loan receivable: tax payable-value-added tax payable (the input tax transferred out).

(3) Export tax rebate received: bank deposit loan: export tax rebate receivable.

3. Accounting for export tax refund (consumption tax) of foreign trade enterprises, when exporting taxable consumer goods by themselves, should apply to the tax authorities in charge of tax refund for refund of the paid consumption tax after the taxable consumer goods are declared for export.

(1) Calculation of Tax Refund after Goods Export Borrow: Export Tax Refund Receivable (Consumption Tax) Loan: Self-operated Export Sales Cost (2) Borrow when the returned consumption tax is received: Bank Deposit Loan: Export Tax Refund Receivable (Consumption Tax).

4. Accounting of export goods by foreign trade enterprises: (1) Receiving consignment goods. According to the "agency business" receipt issued by the storage and transportation department or business department, the accounting department makes the following accounting entries after deducting the handling fee according to the export amount stipulated in the contract: debit: consignment goods-customer-commodity name loan: accounts payable-domestic entrusted unit (agent payment) (2) consignment export. When handling the export documents on behalf of the transportation unit according to the export contract and consignment goods, the trustee shall make the following accounting entries according to the outbound order stamped with the "agency business" issued by the business storage and transportation department: debit: goods to be shipped-commodity name credit: consignment goods-customer-commodity name.

(3) D/P for export payment. When the trustee goes through the formalities of presenting a full set of export documents to the bank according to the settlement method stipulated in the contract within the date stipulated in the letter of credit, the accounting department will make the following accounting entries according to the notice of the storage and transportation department: debit: foreign exchange receivable-certified export-customer loan: agent export (sales income)-commodity name is carried forward to the agent export purchase price at the same time: agent export (sales cost)-

(4) export earnings. After the bank receives the money and deducts the bank charges, the trustee makes the following entries according to the bank settlement memo: debit: bank deposit accounts payable-domestic entrusting unit (bank charges) loan: foreign exchange accounts receivable-certified export-accounts payable to customers-domestic entrusting unit (exchange gains and losses).

(5) Pay foreign expenses. For the foreign expenses (transportation, insurance and commission expenses) incurred by the export agent, the following accounting entries should be made according to the relevant documents and the bank purchase memo: Debit: export agent (sales income)-trade name loan: bank deposit is carried forward at the same time: export agent (sales cost)-trade name loan: accounts receivable-domestic entrusting unit (accounts receivable).

(6) Pay domestic expenses. Domestic expenses of export agents shall be recorded in the following accounting entries according to relevant vouchers: debit: accounts payable-domestic entrusting unit (to pay domestic expenses) loan: bank deposit.

(7) settlement agent payment. After receiving the reimbursement for settlement of goods, and settling all domestic and foreign expenses and handling fees receivable, the export agency enterprise shall settle the agent payment to the entrusting party according to the provisions of the entrustment contract, and make the following accounting entries: debit: accounts payable-loans from domestic entrusting units: bank deposits.