The export business has been confirmed, so it's right to invoice first. All documents, including customs declarations and foreign exchange verification forms, have complete paper and electronic information. You see, only when the goods are cleared can the customs declaration form be formed. Only when the payment has arrived can the verification form be written off. In both cases, the sales behavior will not be affected. Therefore, receipt of documents will not affect the issuance of invoices.

1. Invoice posting problem

First, according to the invoice amount, convert the foreign exchange quotation of the current month into the functional currency.

Debit: accounts receivable

Loan: main business income-export income

According to the tax rate difference, the tax allowance is not calculated.

Borrow: main business cost-export cost

Credit: tax payable-VAT-transfer-out input tax.

2. After the documents are collected, tax-related treatment shall be carried out.

Borrow: Subsidies Receivable-Export Tax Refund

Taxes payable-VAT-Export goods are deducted from the taxes payable for domestic products.

Loan: Taxes payable-VAT-export tax rebate.