Borrow: Taxes payable-VAT payable

Credit: Taxes payable-VAT unpaid

Borrow: Taxes payable-VAT payable

Loan: non-operating income

Several accounting entries carried forward between various subjects of tax payable;

1. Property tax, travel tax, land use tax and stamp duty (hereinafter referred to as "four small taxes") were originally included in the name of "management expenses", but after the reform of the camp, the Notice of the Ministry of Finance on Printing and Distributing the Provisions on Accounting Treatment of Value-added Tax (Cai Shui [2016] No.22) was fully implemented, and the title of "business tax and surcharges" was adjusted.

Second, the value-added tax

Both small-scale taxpayers and ordinary taxpayers are listed separately under "Taxes payable".

So there are so many secondary details under the tax payable, how to carry them forward at the end of the month (quarter)?

1, small-scale taxpayers' accounting treatment is relatively simple, only need to set "tax payable-value-added tax payable" for accounting accounting. Therefore, it is not necessary to carry forward at the end of the month (quarter), but if the enterprise is exempt from value-added tax, it needs to carry forward to "non-operating income". For accounting entries, please refer to:

Borrow: Taxes payable-VAT payable

Loan: non-operating income

Reminder: In practice, it is generally carried forward to the subject of "non-operating income", but it can also be directly included in the "main business income". Because the article in Accounting [2016] No.22 points out that it is included in the current profit and loss and credited to the profit and loss related subjects, it is ok to include either of these two subjects.

2. If the general taxpayer carries forward the monthly (end) value-added tax, the following two situations are distinguished:

(1), if the debit balance is generated from "tax payable-value-added tax payable" in the current month, it means that the tax is retained, and there is no need to carry it forward;

(2), if the month "taxes payable-VAT payable" credit balance, on behalf of the need to pay VAT, can refer to:

Borrow: Taxes payable-VAT payable (transfer-out unpaid VAT)

Loan: Taxes payable-VAT unpaid

(3) When paying VAT next month:

Borrow: Taxes payable-VAT unpaid

Loan: bank deposit

(4) In addition, in order to calculate the export tax rebate payable by taxpayers for export goods, there will be a three-level detail under the subject of "Taxes payable-VAT payable", that is, "Taxes payable-VAT payable (export tax rebate)". In the subject of "Export tax rebate receivable", the borrower reflects that the sales of export goods should be declared to the tax authorities in accordance with regulations, and the lender reflects the VAT and consumption tax that the export goods actually received should be returned.

For example, in April of 20 1X, the goods purchased by enterprise A were 20,000 yuan excluding tax, and the value-added tax was 2,600 yuan. All products were exported for sale in that month, and the tax rebate rate was 13%.