Account deduction and account deduction are the same in meaning and content.

1. There is no word "account" in ancient Chinese, so "account" is used instead of "account". With the development of modern Chinese, people created a new word "account".

2. Due to people's historical usage, "account" has not been completely replaced by "account" so far, and the country has not forced the use of "account" to replace "account". Therefore, at present, finance The terms "account" and "account" in accounting are universal.

3. Most accountants are accustomed to using "account". In the future, the word "account" will no longer be related to financial accounting. This is also the development direction of Chinese language.

4. Account deduction (account deduction) is the full amount of the invoice, and a discount is given when payment is received. Tax requirements require that the income must be recognized in full, and the discount is included in financial expenses. Extended information

Account deduction - cash discount:

1. Definition of cash discount. Cash discount refers to a debt deduction provided by a creditor to a debtor to encourage the debtor to pay within a specified period of time. Cash discounts usually occur in transactions where goods are sold on credit and services are provided. In order to encourage customers to pay for goods in advance, companies usually reach an agreement with the debtor, and the debtor can enjoy different proportions of discounts within different periods. Cash discounts are generally represented by the notation "Discount/Payment Date".

For example, 3/10 means that the buyer pays within 10 days and can enjoy a 3% discount on the selling price; 2/20 means that the buyer pays within 20 days and can enjoy a 2% discount on the selling price; n /30 means that the payment period for this transaction is within 30 days. If the payment is made within 30 days after the 20th, no discount will be enjoyed.

2. Cash discount accounting treatment method. There are two accounting methods for cash discounts: gross price method and net price method. The total price method is usually used in accounting practice in my country. The total price method means that when sales occur, accounts receivable and sales revenue are based on the actual cash discount before deducting the cash discount as an incentive expenditure for early payment by the buyer.

3. Tax treatment rules for cash discounts. "my country's Value-Added Tax Treatment Regulations" stipulate that the discount amount of cash discount (sales discount) shall not be deducted from the sales volume, and the discount amount shall be included in the financial expenses.

4. The "Income Tax Law" stipulates that the debt deduction provided by the creditor to the debtor to encourage the debtor to pay within the specified period is a cash discount. If the sale of goods involves a cash discount, it should be based on the amount before deducting the cash discount. The amount determines the amount of revenue from the sale of goods, and the cash discount is deducted as a financial expense when actually incurred.

Baidu Encyclopedia - Cash Discounts

China Accounting Network - Cash Discounts

China Accounting Network - Accounting Community - Questions about Account Deductions