If it is necessary to issue a red-ink invoice for a special VAT invoice that has been certified and deducted, the buyer must initiate an application for issuing a red-ink invoice to the IRS, and transfer the deducted VAT as input tax. After the approval of the IRS, the seller will issue a red-ink VAT invoice.

If a red-ink invoice is issued, the seller should make a negative or red-ink entry consistent with the original entry according to the bookkeeping link of the red-ink invoice.

Debit: Bank deposits/accounts receivable are negative or red.

Loan: the main business income is negative or scarlet letter.

Credit: Taxes payable-VAT payable (output tax) is negative or red.

The buyer should transfer out the input tax.

Borrow: raw materials/inventory goods are negative or red.

Borrow: taxes payable-value-added tax payable-input tax transferred out in negative or scarlet letter.

Credit: Negative or scarlet letter of accounts payable.

Accounting entry of red-ink offset invoice:

1, scarlet letter

Debit: Negative amount excluding tax for refunding accounts receivable.

Credit: negative tax excluding refund after profit and loss adjustment in previous years.

Tax payable-VAT payable-negative output tax

2. Reversal1February carry-over cost

Debit: The inventory goods are carried forward according to the current cost of 14 years1February (and the quantity is increased at the same time).

Credit: the profit and loss of the previous year is adjusted according to the carry-over cost at that time in 14 years1February.

3. Carry forward undistributed profits

Debit: profit distribution-undistributed profit

Credit: adjustment of profit and loss in previous years (balance)

Do I need to recover the original invoice for the special ticket of Hongchong?

If the seller fails to file tax returns when the red-ink invoice is issued, neither party accounts for it, the buyer fails to authenticate or fails to pass the authentication, and all copies have been recovered, the original invoice shall be returned, and the red-ink invoice issued shall not be handed over to the other party. Otherwise, the original invoice does not need to be recovered, and the invoice shall be handed over to the other party after the red-ink invoice is issued.

If the conditions for invalidation are met (the following conditions are met at the same time), the invoice shall be marked as invalid, and the invoicing software shall be marked as invalid.

(1) The time for receipt and deduction of the returned invoice does not exceed the month when the seller issues the invoice;

(two) the seller did not copy the tax and did not keep an account;

(3) The purchaser fails to authenticate or the authentication result is "the taxpayer identification number does not conform to the authentication" or "the special invoice code and number do not conform to the authentication".

1. If the VAT invoice that has been certified by the buyer needs to be issued with a negative invoice in case of return or error in invoice issuance, the buyer shall apply for issuing a negative invoice.

2. If the deduction stamp and invoice stamp of the special invoice cannot be authenticated, the buyer shall fill in the Application Form for Issuing Red-ink Special VAT Invoice, fill in the specific reasons and the information of the corresponding blue-ink special invoice on the application form, and the competent tax authorities shall issue the Notice for Issuing Red-ink Special VAT Invoice after examination. The buyer shall not transfer the input tax.

3. If the goods purchased by the buyer do not fall within the scope of VAT deduction, and the special invoice obtained is not authenticated, the buyer shall fill in the application form, fill in the specific reasons and the information of the corresponding blue-ink special invoice on the application form, and issue a notice after the competent tax authorities review it. The buyer will not transfer the input tax.

How to deal with the tax amount after the invoice is red-washed? According to our introduction, we can know that after the VAT invoice of an enterprise is issued, it can be voided in the current month. However, if it is a cross-month, red-ink VAT invoice can be issued to offset the previous tax amount. For specific operations, please refer to our introduction above.