Units and individuals that sell goods, provide services and engage in other business activities collect money from foreign operations, and the payee shall issue invoices to the payer. Under special circumstances, the payer will issue an invoice to the payee. Units and individuals that do not need to apply for tax registration and need to issue ordinary VAT invoices for temporary income may apply to the tax authorities for issuing ordinary VAT invoices.

Second, analyze the details

If an individual borrows money from the unit, after the unit repays the loan and pays interest, if the individual needs to issue an invoice to the borrower, he can go through the formalities of issuing an invoice on behalf of the local tax authorities. After the tax authorities issue invoices, individuals should declare and pay taxes to the tax authorities, including value-added tax and personal income tax.

Three. What are the procedures for invoicing interest income?

The invoicing process of interest income is as follows:

1. The cashier confirms that the interest has arrived, compares it with the amount on the interest calculation sheet submitted by the business manager, and submits it to the accountant for invoicing after verification;

2. The accountant rechecks the bill and interest calculation sheet after receiving it;

3, open the billing software, enter the user name and password to log in to the software;

4. Click Normal Invoicing and enter relevant information in the pop-up window. The customer name is consistent with the customer name on the contract. The amount is consistent with the check amount. Payment method, choose the method of collecting interest. Interest in filling in entries and abstracts. The bottom drawer and payee can set a fixed person in advance;

5. Put the blank invoice into the printer. The blank invoice number should be the same as the invoice number to be printed in the current invoicing software. Click on the invoice print, and a complete interest invoice will be successful;

6. At the end of the month, check whether the total amount of this month, the interest income in the general ledger, the loan interest income amount and the interest amount actually received by the account in the billing software are consistent.