Current location - Loan Platform Complete Network - Local tax - There are two different accounting methods for the recognition of installment income. Which one should be adopted?
There are two different accounting methods for the recognition of installment income. Which one should be adopted?
The seller who sells goods by installments shall confirm the unrealized financing income, including

Borrowed long-term receivables

Income from main business of loan

Taxes payable-VAT payable (input tax)

Unrealized financing income

Borrowing main business cost

Lend out inventory goods

After receiving the installment payment

Borrow bank deposits

Long - term receivables

In order to realize financing income

Loan financial expenses